USMCA a ‘Non-Starter’ for Canadian Dollar, TD’s McCcomick Says

The transcript discusses the impact of the USMCA on the Canadian dollar and Latin American currencies, highlighting potential risks and benefits. It examines the redesign of NAFTA and the resulting trade uncertainty, noting the market's return to the status quo. The discussion extends to general trade effects, market stability, and the role of USMCA in improving global trade sentiment. The transcript emphasizes the reduction of geopolitical uncertainty and its implications for future trade dynamics.

What does the speaker mean by 'negative feedback loop of trade uncertainty'?

How might the geopolitical uncertainty index change with the implementation of the US MCA?