๐Ÿšจ Canada Softens Tariff Stance โ€“ Crypto Market Reacts

๐Ÿ‡จ๐Ÿ‡ฆ In a surprising move, Canada is set to lift 25% retaliatory tariffs on select U.S. goods under the USMCA, signaling a major policy shift. Prime Minister Mark Carney is expected to announce this after cabinet meetings, marking a softer tone toward U.S. trade policy.

๐ŸŒ Why does this matter for crypto?

โœ… Reduced trade tensions = improved market sentiment

โœ… Risk-on appetite returns, fueling crypto price gains

โœ… Symbolic gesture to President Trump, reinforcing North American trade stability

๐Ÿ“ข Steel, aluminum, and auto tariffs remain in place to protect Canadian industries. But this move boosts investor confidence, and crypto markets are already responding positively.

๐Ÿ” Is this a signal that macro stability could further accelerate the ongoing crypto rally? Or just a temporary relief before new trade battles emerge?

#Trade #Crypto #Blockchain #Markets #USMCA

https://coingape.com/canada-retaliatory-tariffs-on-u-s-goods-boosting-crypto-market/?utm_source=bnb&utm_medium=coingape