Interesting move on the trade front. This Friday saw a significant trade agreement take shape—Canada's now allowing Chinese electric vehicles through at a much friendlier 6.1% tariff, a dramatic drop from the previous 100% rate. Meanwhile, China's reciprocating by cutting its canola tariff to 15%, opening up Canadian agricultural exports. These kinds of bilateral trade adjustments ripple through supply chains and have broader implications for how goods—and capital—move across borders in the coming months.