Trump's Tariff Rhetoric Sparks Concerns Over Canadian Equities
President Trump recently announced on Truth Social that the USA has been losing more than $60 billion annually to Canada, citing 'stolen businesses' returning to America to avoid tariffs.
This statement has raised concerns about trade frictions and their impact on Canadian equities and the iShares MSCI Canada ETF (EWC), which tracks the Canadian market.
Heightened tariff rhetoric may increase currency and commodity volatility, affecting the ETF's performance through shifts in the Canadian dollar and resource-heavy sectors.