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CNBC

'They asked too much': Canadian dollar slides as Ottawa and Washington head for all-out trade war

Monday, August 24, 2026


The Canadian dollar declined against the U.S. dollar as trade tensions escalated between Ottawa and Washington. ING strategists stated Monday that Canada faces greater economic exposure to trade disruptions due to its smaller, more open economy compared to the United States.

Original reporting: https://www.cnbc.com/2026/08/24/canada-us-trade-war-deal.html

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