Trump just said on a social platform that he wants to double tariffs on Canadian car imports. $NOW surged to 148.34, up 4.25% in 24 hours, but the funding rate is 0—meaning this rally had no additional long leverage, just an event-driven pulse.

A single-source report shows the tariff policy could drag down U.S. GDP by 0.4% and eliminate 340,000 jobs. Once supply-chain costs rise, tech stocks are hit first; a U.S.-listed linked instrument like $NOW also shakes. The strongest counter-argument is Bloomberg’s claim that Canadian equities actually outperformed the S&P 500 as a result—so it’s still unclear which side this “knife” will cut.

Trading tag: #TradFi #链上美股 #NOW

Where do you think this assessment is most likely to be wrong?