Re Canada tariffs - US official says Trump is set to keep tariff exemption for USMCA goods

News
Eamonn Sheridan
11/07/2025 | 01:03 GMT
  • Clarification from an official in Trump's administration

Earlier:

  • Trump letter 35% tariff on Canada. Trump has hit Canada very nard with a 35% tariff rate.
  • Trump says will send tariff letters informing EU, Canada of the rates by Friday
  • Trump's letter to Canada - The Canada dollar has fallen sharply with Trump's 35% tariff rate on the country
  • The USD has jumped higher, EUR, AUD, NZD, GBP, JPY, CHF and CAD all sharply lower

This clarification has given the CAD a bit of a bounce back after its earier fall:

usdcad usmca 11 July 2025 2
    Tags
  • CAD

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