US President Trump posts "Canada has taken advantage of the United States on Trade for many years. They are among the worst in the World to deal with, especially as it relates to our Northern Border"
Newsquawk Staff ·
Full post: "Canada has taken advantage of the United States on Trade for many years. They are among the worst in the World to deal with, especially as it relates to our Northern Border. TARIFFS make a WIN for us, EASY. Republicans must keep it that way! PRESIDENT DONALD J. TRUMP"
What it means
This statement from President Trump reflects escalating tensions regarding trade relations between the U.S. and Canada, potentially signalling a toughening stance that could lead to renewed tariffs. Such rhetoric may impact market sentiment, particularly in commodities and currencies linked to North American trade; watch for volatility in the CAD and associated assets as investors assess potential policy implications.
Sources
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects
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