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U.S. tariffs threaten further decline of the Canadian dollar, signaling weaker investor confidence.
The Canadian dollar, known as the "Loonie," is at risk of further decline if recently announced U.S. tariffs continue long-term, according to a currency expert.
The tariffs have already caused the Loonie to fall, signaling weaker investor confidence in the Canadian economy.
The specific details of the tariffs were not provided, but such measures typically harm trade relations and economic outlooks.
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Los aranceles estadounidenses amenazan con una mayor disminución del dólar canadiense, lo que indica una menor confianza de los inversionistas.