One theme of Trump admin is overestimating its leverage & it does has significant leverage over Canada.

But in the midst of a Bond mkt melt down, looming energy crisis + upcoming midterms, this might be the best leverage Canada will ever have against US. Let's be clear here. Canada has a lot of resources that everyone in the world wants to buy. I don't know if ppl have notice, but we have a demand/supply issue right now in the energy & metals mkt. If Canada has to sell UST to prop up its cur — via @tphuang

Bond market meltdown, energy crisis, and midterms boost Canada's leverage against US.