German weapons manufacturers have gotten a large gift from Trump. Thy are going to change their laws from limiting spending on weapons and infrastructure from 1% to 2.5% of GDP. https://www.cnbc.com/2025/03/05/european-markets-live-updates-stocks-news-earnings-and-data.html
Anything coming out of Trumps mouth other than bad breath is subject to change, often within less than 24 hours. His chaos will provide traders with welcome volatility, but unwelcome unreliability. I'd be cautious about basing trades on anything the orange one says if your time horizon is more than a few hours. Canada and the U.S. are at rough parity when it comes to wages. Tariffs on Canada have the potential to be extremely damaging to both countries' economies, and therefore, I would think, not likely to last very long. Maybe not long enough to actually be implemented. These particular tariffs should not last long, possibly only as long as one very long Trump speech. Trump is of course an idiot. Let us keep that in mind.