Macro Hive Conversations With Bilal Hafeez Ep. 303: Mirza Baig on Trump’s Trade Strategy, China Risks and Canada’s Dilemma
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Apr 11, 2025 
Mirza Baig, a seasoned forex researcher and trader with over 20 years of experience, shares his insights on the intricate dynamics of global finance. He discusses Trump's targeted trade strategies towards Canada and the complexities of U.S.-Canada relations. With a focus on the escalating U.S.-China trade war, Mirza analyzes the shifting global alliances and the implications for currency stability, particularly the yuan. He also explores potential recession impacts on businesses, providing a deep dive into ongoing economic uncertainties.
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Trump’s Focus on Canada
- Trump primarily targeted Trudeau due to personal dislike, not a grand strategy.
- Trudeau's perceived weakness during tariff negotiations emboldened Trump further.
Canada as the 51st State
- Trump's desire for Canada to become the 51st state should be taken literally.
- This desire, though unrealistic, reflects his simplistic, expansionist mindset.
Liberation Day's Impact
- Trump's "Liberation Day" policies mark a shift in global trade dynamics.
- America raised the price of participation in the dollar-based financial system.