# USD/CAD jumps to near 1.4550 as Donald Trump is poised to impose tariffs on Canada

> USD/CAD climbed near 1.4550 as Trump reiterated plans for 25% tariffs on Canada and Mexico starting February 1. The Bank of Canada governor warned a broad trade conflict would badly hurt Canadian activity. Around 75% of Canadian exports go to the U.S.

- Date: 2025-01-31 · published 2025-01-31T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/26757-usd-cad-jumps-to-near-1-4550-as-donald-trump-is-poised-to-impose-tariffs-on
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Heavy exposure of Canadian exports to the U.S. makes tariffs a direct threat to Canadian grain, oilseed and meal flows. A weaker loonie could shift export competitiveness and pricing across Canadian feed ingredients.

## Read by commodity

- USDCAD: bullish ▲

## Sources

- fxstreet.com: https://www.fxstreet.com/news/usd-cad-jumps-to-near-14550-as-donald-trump-is-poised-to-impose-tariffs-on-canada-202501311446

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