There is a 70% chance that the commercial war between Canada and the United States has ended in May, according to the probabilities of a polymer contract on the subject, as Secretary of Commerce Howard Lutnick said to Fox Business that the president of the United States, Donald Trump, was open to negotiation.
On Tuesday morning, Canada and Mexico faced the implementation of 25% of tariffs in all products that enter the United States, with President Trump citing their failure to curb fentanyl traffic and illegal immigration as a national security threat.
But later in the day, Lutnick seemed to offer a potential way for negotiation, with probabilities that increased 20% in a few hours in the polymer.
Believe [Trump is] I’m going to solve something with them, “Lutnick said on Fox Business.” It will not be a pause, nothing of that pause, but I think it will find out: it will do more and I will find you in the middle in some way and we will probably announce it tomorrow. “
Lutnick’s comments also seemed to calm cryptographic markets in ‘Turnound Tuesday’ with Bitcoin (BTC) 1.5% and operations comfortably exceeding $ 87,000, according to data from the Coendesk indexes.
The Coendesk 20 (CD20), a measure of the performance of the largest digital assets in the world, increases 2% in the news.
