Will Canadian Tariffs Matter?

July 11, 2025
Author: Peter Stolcers, Founder of OneOption
Author
Pete

The market has gotten numb to the tariffs. Is this one different?

PRE-OPEN MARKET COMMENTS FRIDAY - Overnight Trump said that he is going to impose a 35% tariff on Canada on August 1st and promises to go higher if they retaliate. This is our largest trade partner and this could get contentious. I mentioned in my comments earlier this week that if trade negotiations are not progressing we would likely know this week.

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