A U.S. official has criticized Canada’s currency exchange rate as unfairly favorable, calling the long-standing "imbalance" between the American and Canadian dollars "unacceptable" in a post on social media. The remarks come just days before new Canadian tariffs on American exports are set to take effect, raising tensions over trade policies. The statement suggests a shift in economic relations, framing the issue as one of long-standing frustration now being addressed. Analysts will be watching closely to see how this rhetoric plays out in ongoing negotiations.
President Trump said Sunday the U.S. dollar to Canadian dollar “imbalance” is “unacceptable,” two days before Canadian tariffs will go into effect on a slew of American goods. “Canada’s (currency) Dollar imbalance with the U.S. is unacceptable,” Trump wrote on Truth Social. “It has been that way for years — but no longer!” One Canadian...
