The President of the United States (USA) Donald Trump revealed to his social account that he imposes an additional 25% tariff, 50% of the import of aluminum and Stal from Canada to the USA. He added that he would enter into force on March 12 in the morning.
The condition for removing Trump tariffs is that Canada throws 250% to 390% on various American dairy products, as shown in its position. He added that he would announce a national accident in the field of electricity in New York, Michigan and Minnesota after the premiere of Ontario imposed 25% tariffs on electricity.
In addition, it threatens to apply duties in cars on April 2.
Market reaction
USD/CAD gathered from 1.4410 to 1.4477 before cleaning the psychological number 1.4500, and buyers look at the top of March at 1.4542.
Canadian dollar price today
The table below shows a percentage change in the Canadian dollar (CAD) compared to the stock exchange main currencies. The Canadian dollar was the strongest in relation to the Australian dollar.
| USD | EUR | GBP | JPy | BOOR | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.77% | -0.43% | 0.03% | 0.55% | 0.12% | 0.01% | -0.20% | |
| EUR | 0.77% | 0.36% | 0.84% | 1.33% | 0.90% | 0.79% | 0.59% | |
| GBP | 0.43% | -0.36% | 0.61% | 0.97% | 0.55% | 0.43% | 0.24% | |
| JPy | -0.03% | -0.84% | -0.61% | 0.49% | 0.06% | -0.06% | -0.24% | |
| BOOR | -0.55% | -1.33% | -0.97% | -0.49% | -0.42% | -0.54% | -0.73% | |
| Aud | -0.12% | -0.90% | -0.55% | -0.06% | 0.42% | -0.10% | -0.30% | |
| NZD | -0.01% | -0.79% | -0.43% | 0.06% | 0.54% | 0.10% | -0.19% | |
| CHF | 0.20% | -0.59% | -0.24% | 0.24% | 0.73% | 0.30% | 0.19% |
The heat map shows percentage changes in the main currencies towards each other. The basic currency is collected from the left, and the quote currency is collected from the upper order. For example, if you choose a Canadian dollar on the left column and move along the horizontal line to the American dollar, the percentage shift displayed in the field will represent CAD (Base)/USD (quote).
