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US President Trump, on USMCA, says Canada wants it, but we don't need it

Newsquawk Staff ·

US President Trump, on USMCA, says Canada wants it, but we don't need it.

What it means

Trump's remark about the USMCA signals a potential shift in trade negotiations, highlighting a possible reluctance to engage deeply with Canada despite its interest. This could create uncertainty in the markets, particularly affecting the USD and trade-sensitive assets such as equities and commodities, as traders weigh the implications for future trade relations. Be cautious about volatility in these sectors as sentiment around US trade policies evolves.

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