-- 野村证券表示，预计加拿大最终将与美国达成贸易协议，但同时指出，美墨加协定（CUSMA）重新谈判最有可能的结果是建立一个更具附加条件的框架，以保留现有协议的核心内容。 野村证券在近期的一份报告中写道，转向年度审查或缩小豁免范围将使市场波动制度化，并对经济增长构成压力，但其影响小于协议彻底破裂的情况。 野村证券指出，下行风险依然较高，并表示美加之间的谈判进展似乎比美墨之间的谈判更为缓慢；双方仍存在一些贸易摩擦尚未解决；此外，美国总统特朗普威胁称，如果加拿大未来与中国达成任何贸易协议，美国将对其加征额外关税。 野村证券认为，双方都有达成协议的动机。该行表示，谈判彻底破裂可能会使加拿大陷入衰退，因为加拿大在短期内无法有效地摆脱对美国的依赖。报告还指出，考虑到国内的消费能力问题，美国也有理由避免出现通胀加剧和秩序混乱的局面。
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