đ¨ TRADE WAR RISK FLASHPOINT: U.S.âCANADA đ¨
A fresh warning is hitting the tape: Donald Trump is signaling a hard line on Canadaâs China ties. The message is blunt. If Ottawa signs any new trade arrangement with Beijing, the U.S. could answer with sweeping action â including the threat of 100% tariffs on Canadian imports.
The logic is simple: Washington doesnât want Canada becoming a âside doorâ for Chinese goods into the U.S. market.
If this turns into policy instead of headlines, the market impact wonât stay contained:
Supply chains (autos, manufacturing, consumer goods)
Commodities (energy flows, industrial metals, agriculture)
FX + capital movement (CAD volatility, cross-border investment risk)
This is the kind of protectionism shock that reprices expectations fast. Trade war risk is back in play â and it can move markets before any paperwork is signed.
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