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flag Trump's tariff threat pushed the Canadian dollar to a five-year low against the U.S. dollar.

flag The Canadian dollar fell to its lowest point since May 2020 after former U.S. President Donald Trump threatened to impose a 25% tariff on Canadian imports. flag The currency, known as the "loonie," had already been weakening against the U.S. dollar since September, partly due to a softer economy and interest rate cuts by the Bank of Canada. flag Trump's tariff threat added to the currency's decline, making Canadian goods cheaper for U.S. buyers but raising costs for Canadian shoppers. flag While investors do not expect Trump to follow through with the tariffs, the threat has created economic uncertainty.

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