Bill Gains Traction

Democrats led by Ron Wyden turn the draft into a formal Senate Finance Committee bill, and several Republicans from border and farm states join because Canada is the largest U.S. export market. The market reads this as a credible path to removing the 35% U.S. tariff and reducing Canada’s 50% retaliation, though enactment still faces a Trump veto risk.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.