Canada's Strategic Shift to US Treasury amidst Trump's Tariffs
In response to Trump's equivalent tariff policies, Canada adopted a dual strategy: to either appease or threaten the U.S., with U.S. Treasuries emerging as a pivotal tool. Reports indicate that Canada drastically sold off U.S. Treasuries in April but ramped up purchases in May, transforming from the largest seller to the largest buyer, leading to a record high in Treasury holdings and reclaiming its status as the fifth largest creditor to the U.S.
