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The Canadian dollar hit a one-week low on Wednesday as the US dollar gained broadly. Canada retaliated on Tuesday with tariffs on about $20 billion of US imports, after the US imposed 50% tariffs on $20 billion of Canadian goods.
Traders are concerned that the dispute will weigh on exports and investment.
Tariff retaliation between the US and Canada disrupts bilateral trade and raises costs. A weaker loonie makes US feed imports more expensive for Canadian buyers.
kitco.comAug 26, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
