# Canadian Dollar extends declines as tariff pressures weigh on Loonie markets

> The Canadian dollar fell 0.5% against the US dollar on Monday as traders positioned ahead of the Trump administration's April 2 tariff deadline. The deadline covers reciprocal tariffs and sector tariffs on autos and Canadian goods.

- Date: 2025-03-31 · published 2025-03-31T12:00:00.000Z
- Category: macro · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/25824-canadian-dollar-extends-declines-as-tariff-pressures-weigh-on-loonie-markets
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Broad tariffs on Canada and retaliation risk weigh on Canadian demand and trade flows, and a weaker loonie can shift currency-driven trade and feed-buyer pricing.

## Read by commodity

- USDCAD: bullish ▲
- CANMEAL: bearish ▼

## Sources

- fxstreet.com: https://www.fxstreet.com/news/canadian-dollar-extends-declines-as-tariff-pressures-weigh-on-loonie-markets-202503312132

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.