# CANADA FX DEBT-C$ weakens as Trump-Trudeau fallout adds to trade worries

> The Canadian dollar weakened to about 76.85 US cents after Trump attacked Trudeau over trade and threatened to scrap NAFTA. Oil also fell on rising Russian output and record US drilling.

- Date: 2018-06-11 · published 2018-06-11T12:00:00.000Z
- Category: geopolitics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/64756-canada-fx-debt-c-weakens-as-trump-trudeau-fallout-adds-to-trade-worries
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Trade threats against Canada weigh on the loonie and raise the cost of US-priced imports for Canadian feed buyers.

## Read by commodity

- WTI: bearish ▼
- USDCAD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2022-03-28 | [Palm falls as crude prices slump, March exports weaken - Markets - Business Recorder](https://feedsoft.ai/events/5916-palm-falls-as-crude-prices-slump-march-exports-weaken-markets-business-recorder.md) | -14.0% | -14.0% |
| WTI | 2026-03-08 | [Oil prices fall as Trump weighs taking over Strait of Hormuz](https://feedsoft.ai/events/6633-oil-prices-fall-as-trump-weighs-taking-over-strait-of-hormuz.md) | +8.5% | +25.0% |
| WTI | 2024-04-18 | [Crude oil prices today: WTI falls below $83 as war fear eases](https://feedsoft.ai/events/30929-crude-oil-prices-today-wti-falls-below-83-as-war-fear-eases.md) | +0.5% | -4.3% |
| WTI | 2026-05-20 | [Oil prices fall 5% after Trump comments while analysts point to supply crunch](https://feedsoft.ai/events/12491-oil-prices-fall-5-after-trump-comments-while-analysts-point-to-supply-crunch.md) | -17.6% | -28.3% |
| WTI | 2026-03-25 | [Oil price: WTI, Brent fall as Trump signals Iran talks despite Tehran denial](https://feedsoft.ai/events/8155-oil-price-wti-brent-fall-as-trump-signals-iran-talks-despite-tehran-denial.md) | +10.2% | +1.3% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/06/11/reuters-america-canada-fx-debt-c-weakens-as-trump-trudeau-fallout-adds-to-trade-worries.html

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