The Canadian Dollar Will Strike Back. Forecast as of 28.02.2025

U.S. 10% levies on oil imports and 25% tariffs on all other goods from Canada are expected to shrink Canada’s GDP by 3% within two years. Can this be avoided, and is it possible to extend the tariff delay? Let’s discuss it and make a trading plan for USD/CAD.Major Takeaways The U.S. plans to impose tariffs on Canada starting in March. The loonie has been on a rollercoaster ride. A trade war could cut Canada’s GDP by 3% A delay in tariffs offers a chance to sell USD/CAD with tar