C$ steadies ahead of trade news as investors bet on volatility

17 Sep, 2018

US President Donald Trump said he would announce his latest plan on China tariffs after the markets close, with expectations he would level them on about $200 billion of Chinese imports.

Canada runs a current account deficit, so its economy could be hurt if the global flow of trade or capital slows.

The country has its own trade feud with the United States and is also in talks to revamp the North American Free Trade Agreement.

Copyright Reuters, 2018
 

 

 

 

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