The US and Canada agreed to pause the 25% tariff announced on Monday. A 10% tariff on Chinese goods took effect on Tuesday. Business activity in Canada’s manufacturing sector slowed in January. The USD/CAD outlook shows a sharp shift in sentiment that has boosted the Canadian dollar. A pause in Trump’s tariffs on Canada allowed...
US President Donald Trump announced the start of tariffs on Canada. Trump’s tariffs will pressure the Bank of Canada to cut interest rates. Canada’s economy contracted by 0.2%. The USD/CAD outlook indicates a looming trade war between the US and Canada after Trump implemented a 25% tariff on Canadian goods. At the same time, Canada’s...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts