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Canada has issued a stunning 48-hour ultimatum to the Trump administration over a $900 billion trade deal — and Washington's silence is already moving markets. The clock is ticking. Every hour without a response from the White House sends new shockwaves through currencies, commodities, and supply chains across North America and beyond. In tonight's report, Catherine Merrow breaks down everything you need to know: — What the $900 billion deal actually covers and why it matters — Why Canada set a hard 48-hour deadline after months of stalled negotiations — How markets are reacting right now — currencies, energy, manufacturing stocks — What Trump's options are and why every one of them carries serious risk — The three scenarios analysts are watching as the deadline approaches — What happens if Washington doesn't respond in time This is not a routine trade dispute. This is a countdown with consequences that extend far beyond North America. ———————————————————————— CHAPTERS: 00:00 — Breaking: Canada's 48-Hour Ultimatum 02:45 — What the $900 Billion Deal Actually Covers 06:00 — Why Washington Has Gone Silent 09:30 — How Markets Are Reacting Right Now 13:00 — Trump's Options and the Risks of Each 17:30 — Global Ripple Effects Explained 21:00 — Three Scenarios as the Deadline Approaches 25:30 — What We Are Watching For ———————————————————————— Stay informed. Subscribe to Sovereign Signal for daily coverage of global trade, geopolitics, and the economic decisions that shape the world. #Canada #Trump #TradeWar #900Billion #CanadaUltimatum #MarkCarney #TradeNegotiations #NorthAmericaTrade #BreakingNews #SovereignSignal