Too many news speculating without full context. Trump threaten to impose tariff on Canada due to border issues. I am sure this can be fixed easily. Expecting share market like a yoyo when he was in the office couple of years ago. " Trump, who will take office on January 20, 2025, announced he would impose a 25% tariff on imports from Canada and Mexico unless they take stronger action to curb drugs, especially fentanyl, and halt illegal migration. This move could violate existing free-trade agreements."
After issuing his tariff threat, Trump spoke with Canadian Prime Minister Justin Trudeau to discuss trade and border security. A Canadian source indicated the conversation was productive, and they agreed to remain in contact.Trump’s threatened tariffs could serve as leverage to prompt renegotiations of the USMCA, said William Reinsch, a former president of the National Foreign Trade Council. “This strikes me more as a threat than anything else,” he said."
PMT Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
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