85GEOPOLITICS
⚡ Markets: Direct negative impact on targeted US export sectors (steel, furniture) and Canadian company Bombardier. Increases volatility for USDCAD and could weigh on North American supply chain stocks.USDCADBombardier
Canada's retaliatory tariffs of up to 50% on approximately $20 billion of US goods took effect, escalating a trade dispute. In response, US President Trump threatened to ban Canadian planemaker Bombardier from selling in the US unless it builds factories there, deepening tensions between the two major trading partners.
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