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    Home»exchange rates»Canadian Dollar Slides as Soft CPI and Trump Tariffs Lift USD/CAD
    exchange rates

    Canadian Dollar Slides as Soft CPI and Trump Tariffs Lift USD/CAD

    Robert JessiBy Robert Jessi21 July 2026No Comments1 Min Read
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    Canadian Dollar Slides as Soft CPI and Trump Tariffs Lift USD/CAD
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    From nypost.com | 5 hr ago |
    16 comments

    President Trump slapped a mammoth 50% tariff on certain Canadian goods — a move meant to combat what the administration described as the country’s “continuous discrimination” on American products. The new tax will apply to a range of imports, including wine, hockey sticks, and cement and goes into effect in 30 days, but the administration indicated in a …

    Canadian CPI dollar lift Slides soft Tariffs Trump USDCAD
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    • Bank of Canada keeps its policy rate at 2.25%
    • Canadians are demanding more local products as retailers face pressure to respond
    • Aura Minerals director Bruno Sousa Mauad sells $10.35 million in shares
    • Bank of Canada holds interest rate at 2.25%
    • PBOC sets USD/CNY reference rate at 6.7807 vs. 6.7829 previous

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