Part 3/5:
Commentator Kevin O'Leary weighed in, noting that with a leadership transition occurring in Canada (with Prime Minister Trudeau stepping down), the country's provincial leaders will be making headway toward negotiations. O'Leary emphasized the importance of these discussions and how they might lead to a reevaluation of existing tariffs on both sides.
Market Impacts and Insights
Despite the rhetorical assurances from President Trump, market reactions to these tariffs have been shaky. O'Leary pointed out that while immediate fears of a trade war have not drastically affected markets, underlying uncertainties remain. Investors are especially interested in how these tariffs will evolve and impact both Canadian resources and American markets.