According to CoinMeta, Canadian Prime Minister Justin Trudeau revealed on October 26 that there has been a slight improvement in the progress of trade negotiations between Canada and the United States. U.S. President Donald Trump also sent out optimistic signals during a recent interview, stating that a trade agreement between the two countries could be reached by November 3, which is before the U.S. midterm elections. Analysts believe that U.S. tariff policies have had a negative impact on various aspects of American politics and economics, and the Trump administration is forced to return to the trade negotiation table with Canada in order to boost the Republican Party's prospects ahead of the midterm elections.