#TrumpCanadaTariffsOverturned 🌎 BREAKING: U.S. House Votes to Block Canada Tariffs! 🇨🇦🇺🇸 The trade war just hit a massive speed bump. In a rare bipartisan move, the U.S. House of Representatives voted 219-211 to overturn the "fentanyl emergency" tariffs on Canadian goods.
While the battle isn't over (a Presidential veto is expected), the market is already breathing a sigh of relief. 📈
💎 Why This is Huge for Crypto: XRP/USDT Reaction: As a leader in cross-border payments, $XRP jumped +1.5% to $1.46 (currently testing local resistance) as trade tension eased.
Reduced Volatility: Markets hate uncertainty. This reversal signals a potential return to stable fiat inflows and smoother North American trade.
CAD Pairings: With the 10% – 35% "Tariff Threat" wobbling, keep a close eye on CAD-linked pairings and stablecoin volume on Binance.
📊 The Data Check: The Vote: 6 Republicans joined Democrats to challenge the executive trade agenda.
The Impact: These tariffs were projected to hike costs for U.S. households by over $1,300 in 2026. A reversal is a massive "Risk-On" signal for global markets. 🚀
💡 PRO-TIP for Traders: Trade the volatility! If the Senate follows suit, we could see a massive relief rally across the board. Use Binance Spot Margin to hedge against further trade news updates.
👇 BULLISH OR BEARISH? Do you think Congress can actually stop the trade war, or is this just a temporary bounce?
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