Canadian dollar slips after Trump signals a move toward a 15% “global tariff
Latest news on WhatsApp أجدد الأخبار على واتسابThe Canadian dollar edged lower against the U.S. dollar as trade uncertainty resurfaced in currency markets after the Trump administration signaled it is working to raise a new “global tariff” to 15%, reviving concerns about trade costs and supply chains.
As of Tuesday, February 24, 2026, the United States has begun collecting a temporary 10% tariff broadly, while officials say they are working toward a 15% rate through a separate legal pathway, leaving companies and investors uncertain about timing and implementation.
For Canada, markets are watching whether USMCA/CUSMA-compliant goods remain carved out from the new levy, and whether the measure will be kept separate from sector-specific duties such as steel, aluminum and autos, as Canadian coverage has highlighted.
Recent trading has reflected a more cautious tone as investors weigh tariff headlines alongside upcoming domestic data, with the Bank of Canada holding its policy rate at 2.25% and flagging trade uncertainty as a key risk.
