TRUMP THREATENS 100% TARIFFS ON CANADA: THE END OF USMCA?
Geopolitics just hit maximum volatility.
Donald Trump has threatened a 100% tariff on all Canadian goods, the most severe economic threat ever issued against a US ally.
The Catalyst:
Mark Carney slashed Canadian tariffs on Chinese EVs to 6.1% and signed strategic MOUs with Beijing.
In response, Trump is leveraging USMCA Article 32.10 – the "poison pill" clause designed to expel members who trade with non-market economies (China).
Why it matters for Markets:
Forex Chaos: Expect massive volatility in CAD/USD.
Supply Chain Shock: North American trade integration is breaking down.
Inflation: 100% tariffs mean higher prices for US consumers.
Crypto Thesis: As fiat currencies are weaponized even between allies, the case for neutral assets like Bitcoin strengthens.
The "Fortress North America" is fractured. Watch the July 2026 USMCA review closely. 📉
#TradeWar #Forex #Bitcoin #Economy #Geopolitics
