🇨🇦 Commerce Secretary Howard Lutnick just torched Canada's trade strategy, calling it "the worst."

This isn't just noise. Trade tensions = market volatility. Watch CAD pairs and cross-border plays closely.

If tariffs or restrictions hit, Canadian equities and resource stocks could take a beating. US-Canada trade flows massive for energy, lumber, autos.

Macro implications:

• Weaker CAD = potential USD strength

• Supply chain disruptions in North America

• Political risk premium pricing in

Stay sharp. Trade wars don't have winners, just less damaged survivors.