๐จ JUST IN: TRUMP THREATENS 100% TARIFF ON CANADIAN GOODS โ MARKETS ARE PRICEING RISK โ ๏ธ
President Trump has escalated trade pressure by threatening a 100% tariff on all Canadian imports if Canada moves forward with its trade deal involving China โ sparking fears of a broader trade war between major economies.
Wall Street initially reacted positively to tariff relief headlines elsewhere, but the looming threat of punitive tariffs now throws a wrench into global trade confidence.
At the same time, traders have been warned that markets could still be shaken depending on Supreme Court decisions related to Trumpโs emergency tariff powers โ which markets are watching closely.
Why this matters:
โข Trade tensions like these can cut into global GDP forecasts and slow economic growth
โข Risk appetite tends to drop when trade uncertainty spikes
โข Liquidity often flows first into decentralized assets
๐ Coins to watch:
$MEME
#Breaking #Trump #Tariffs #MacroRisk #CryptoMarkets ๐
๐ Will this escalate into a full blown trade war โ or will markets find a relief pivot? Share your call!