The catalyst
'Trump Expected To Remove Some Tariffs On Canada In Bid To Help Susan Collins; The Move, Which Could Come As Soon As Friday, Would Remove Tariffs On Some Agricultural And Forestry Goods But Could Raise Levies On Other Products' - WSJ Exclus
The thesis
WSJ reports Trump could remove tariffs on some Canadian agricultural and forestry goods as soon as Friday, while potentially raising levies on other products. The policy shift is a near-term macro catalyst for U.S. equities, but remains unconfirmed.