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Trump says US close to trade deal with Canada, Carney says work remains

trade_policyNorth AmericaSCMP3 Nov, 23:42 UTC

Context

US ⁠President Donald Trump said on ⁠Tuesday the United States was close to making a trade deal with Canada, but Canadian Prime Minister Mark Carney said work remained to be done ‌and that Washington had dropped some demands. “Canada is very good, we’re going to make a deal with Canada very soon. We’re going to make a great deal,” Trump said in an interview with Fox News. Canada and ⁠the US have slapped billions of dollars in tariffs ‌on each other in recent months. The imposition of tariffs on...

What it means

Causal chain

No clear market signal

How to read a signal
Severity
the event's market impact, 1–5
Direction
↑ / ↓ likely price move for the asset
Exp. move
the size of the abnormal move we'd expect if the call plays out — not a claim a move will happen:
Ssmall<1%
Mmoderate1–5%
Llarge>5%
Most flagged events don't move beyond noise; those count against us (see the track record).
Timeframe
the window we measure over:
1dshort
5dmedium
21dlong
Conviction
how well-established the directional call is (textbook → speculative) — not a guaranteed outcome:
low
average
strong

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Not investment advice · for informational purposes only. Generated 3 Nov, 23:44 UTC