🇨🇦🇺🇸 Trade Alert: Trump Threatens 100% Tariffs on Canada over China Ties
The "America First" trade policy just took a sharp turn north. President Trump has officially threatened a 100% tariff on all Canadian imports.
The Core Conflict:👇
• The Trigger: Canadian PM Mark Carney recently finalized a "Roadmap" with Beijing to lower tariffs on Canadian ag-products and allow 49,000+ Chinese EVs into Canada at a low 6.1% rate.
• The US Response: Trump labeled Canada a potential "Drop Off Port" for Chinese goods. He’s warned that if Canada doesn't back down, the 100% tariff goes live immediately.
• The Fallout: This puts the USMCA (North American trade deal) in jeopardy. Canada is the largest US export market; a 100% tariff would disrupt global supply chains and likely increase volatility in commodity-linked assets.
Market Take: Watch the CAD/USD pairs and logistics-heavy equities. Trade tensions are shifting from direct US-China conflict to a "With us or against us" policy for US allies. 📉
