Trump just ordered federal agencies to start cutting Canadian products from US government contracts.
His reasoning: Canada blocks American companies from their procurement markets while Canadian firms freely bid on US federal and state contracts.
His line: "No reciprocity, no access."
This isn't a threat anymore—it's policy in motion. The US-Canada trade war is moving fast.
For markets, watch companies with heavy cross-border government contract exposure. Defense contractors, infrastructure suppliers, tech vendors—anyone selling to both governments is now caught in the middle.
This is the kind of escalation that doesn't show up in GDP data immediately but reshapes supply chains and margin assumptions over quarters.
Trade wars don't stay theoretical for long.
His reasoning: Canada blocks American companies from their procurement markets while Canadian firms freely bid on US federal and state contracts.
His line: "No reciprocity, no access."
This isn't a threat anymore—it's policy in motion. The US-Canada trade war is moving fast.
For markets, watch companies with heavy cross-border government contract exposure. Defense contractors, infrastructure suppliers, tech vendors—anyone selling to both governments is now caught in the middle.
This is the kind of escalation that doesn't show up in GDP data immediately but reshapes supply chains and margin assumptions over quarters.
Trade wars don't stay theoretical for long.
