Trump: Canada’s currency imbalance with US will be ‘no longer’
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President Trump said Sunday the U.S. dollar to Canadian dollar “imbalance” is “unacceptable,” two days before Canadian tariffs will go into effect on a slew of American goods. “Canada’s (currency) Dollar imbalance with the U.S. is unacceptable,” Trump wrote on Truth Social. “It has been that way for years — but no longer!” One Canadian…
- Why it matters
- Trump's statement comes two days before Canadian tariffs on American goods take effect, signaling potential U.S. retaliation or pressure on currency policy as part of broader trade tensions.
- Most affected
- Canadian exporters to the U.S. — Face escalating trade and currency pressure from the incoming U.S. administration.
- Likely next
- Whether the U.S. announces tariffs or other measures against Canada when the Canadian tariffs take effect in two days.