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🇨🇦 TENSIONS IN THE USMCA: CANADA PREPS AFTER TRUMP'S REFUSAL TO RENEW THE PACT 📉🍁

Trade friction in North America! Canada's Minister of Trade, Dominic LeBlanc, stated he's not surprised by US President Donald Trump's stance, who said he "has no intentions of directly renewing" the trade agreement (USMCA / CUSMA) before the deadline set for July 1.
The Response: According to Bloomberg, LeBlanc is keeping cool and hinted at resolving disputes through a series of bilateral agreements adjacent to the main framework.
The Backdrop: Trump is looking to pressure by arguing that the US has large trade deficits with its neighbors and demands better terms in key sectors like automotive, lumber, and energy.

Crypto and Market Impact: The uncertainty surrounding tariff rules from the world's largest economy injects caution and instability into traditional markets, a factor that Bitcoin traders and risk assets are closely monitoring for its effect on macroeconomic sentiment.
#TradeWar #TMEC #CUSMA #MacroEconomy #CryptoNews
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