Trump Delays Canada Tariffs
This is a Canada news story, published by Global News, that relates primarily to Ahmed-Haq news.
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Here are 4 ways your finances could change under Trump’s 2nd presidency - National | Globalnews.ca
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The Canadian dollar shot higher compared to its American counterpart on inauguration day in response to the news that Trump would not immediately impose tariffs on Canada .
The loonie remains just below 70 cents US .
A potential trade war between Canada and the U.S. could see tariffs imposed from both sides of the border.
Canadian businesses are feeling the pinch of a weaker dollar and uncertainty of a second Trump presidency.
Since Trump ’s re-election, bank stocks and cryptocurrency in particular have seen their prices soar amid hopes for deregulation and possible tax cuts in his second term.
Ahmed-Haq says Canadians working in industries or areas that might be particularly vulnerable to restrictive trade policy under the new Trump regime ought to prepare for turbulence.