Reasons the Canadian Dollar Remains Unfazed by Trump's Recent Tariff Threat
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 25 2026
0mins
Source: InvestingliveForex
Trump's Tariff Threat: Trump threatened a 100% tariff on Canadian goods if Canada makes a deal with China, claiming it would harm Canada's economy and social fabric.
Political Context: The threat appears to be a reaction to Mark Carney's speech at Davos, which criticized the US-led world order, although Treasury Secretary Scott Bessent later clarified that the tariff would only apply if Canada signed a free trade agreement with China, which is currently not feasible under USMCA.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
