The Canadian dollar has taken a beating lately, pummelled by the growing policy gap between the Federal Reserve and Bank of Canada, upheaval in Canadian politics and the tariff threats of incoming U.S ...
By Matina Stevis-Gridneff Reporting from Ottawa The Canadian government is preparing billions of dollars in retaliatory measures on U.S. exports to Canada if President-elect Donald J. Trump makes ...
China's yuan slumped to a record low in offshore trading on Monday, while Mexico's peso and Canada's dollar tumbled to multi-year troughs after U.S. President Donald Trump slapped the countries with ...
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US President Donald Trump’s trade war has negatively impacted Canada, Mexico, and China, devaluing their currencies to multi-year lows and strengthening the US dollar significantly. Canada and ...
President Trump announced his intention to impose 25% tariffs on Canada and Mexico due to concerns over fentanyl, immigration, and trade deficits. The announcement caused the US dollar to rise and ...
President Donald Trump’s renewed pledges to slap 25 per cent tariffs on imports from Canada and Mexico on Feb. 1 jolted foreign exchange markets late in the New York trading session, sending ...
6 In other words, countries whose financial flows are correlated with global financial flows tend to have a higher dollar portfolio coefficient. Consistent with this observation, we find that Canada’s ...
Over eight in 10 want a targeted, dollar-for-dollar retaliatory response, said KPMG. Benjie Thomas “Our poll findings reveal that Canadian business leaders believe Canada must stand firm even if it ...