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Loonie slides to weakest level of year after Trump tariff

Published 04/25/2017, 09:42 AM
© Reuters.  Loonie slides to weakest level of year after Trump tariff
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  • The Trump administration yesterday began the process of imposing a tariff of up to 24% on Canadian softwood imports into the U.S.
  • Trump tweets: "Canada has made business for our dairy farmers in Wisconsin and other border states very difficult. We will not stand for this. Watch!"
  • The loonie (NYSEARCA:FXC) is lower by 0.75% vs, the greenback to $0.7353, its weakest level since late last year. Stocks in Toronto are higher by 0.45% in early action.
  • ETFs: EWC, CNDA, EWCS, FCAN, QCAN, HEWC
  • Now read: Gold Close To A Breakout And Then A Pause


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