There is a 70% chance that the trade war between Canada and the United States will be completed by May, according to a rating on a polymarket contract on the subject, while the secretary of trade Howard Lunick told Fox Business that US President Donald Trump was open to negotiation.
Tuesday morning, Canada and Mexico had to face the implementation of 25% prices on all products entering the United States, President Trump citing their inability to limit the trafficking of fentanyl and illegal immigration as a national security threat.
But later in the day, Lutnick seemed to offer a potential negotiation avenue, with chances increasing by 20% in a few hours on Polymarket.
I think [Trump is] I’m going to work with them, “said Lodnick on Fox Business.” It will not be a break, nothing of these break things, but I think he will understand: you do more, and I will meet you in the middle and we will probably announce this tomorrow. “”
Lutnick’s comments also seemed to calm cryptographic markets on “ Turnarour Tuesday ” with Bitcoin (BTC) up 1.5% and negotiates comfortably above $ 87,000, according to Coindesk Indices.
The Coindesk 20 (CD20), a measurement of the performance of the largest digital assets in the world, is up 2% to the news.
