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USD/CAD - US Dollar Canadian Dollar

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CAD
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1.3663
+0.0008(+0.05%)
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USD/CAD Discussions

For anyone that thinks steel and aluminum tariffs are going to have a large effect on the Canadian economy; there are other markets. Placing tariffs on CAD steel and aluminum will open other doors with the EU in other areas when the EU puts tariffs on US goods. Trade with the EU has been increasing substantially over the past couple of years with Canada - and when the door closes in the EU on the US, exports from Canada will pick up the loss:\n2016 EU trade stats\nImports\n1 - China\n2 - EU 28\n3 - Mexico\n4 - Canada\n\nExports\n1 - EU 28\n2 - Canada\n3 - Mexico\n4 - China
but it will cost much more. 50-50 for both sides in this case in short term, in long term trump would be forced to do same as bush. history might repeat
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