The unstable situation between Canada, China, and the US. With the new America first policy or widely known as MAGA Canadian industry is getting slammed. Canadian steel and aluminium and infrastructure is heavily interconnected in america. Trump is now all american steel, aluminum and construction. This has detrimental effects to Canadian economy as my nation is very dependant on the US trade and mainly trade of raw materials. I believe this is going ^ ^ ^ to at least 1.40 and the trend will be even more savage than the last. GL friends and happy trading.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.