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

#USMCA Ottawa and Washington head for all-out trade war Skip Navigation Markets Pre-Markets U.S. Markets Currencies Prediction Markets Cryptocurrency Futures & Commodities Bonds Funds & ETFs Business Economy Finance Health & Science Media Real Estate Energy Climate Transportation Investigations Industrials Retail Wealth Sports Life Small Business Investing Personal Finance Fintech Financial Advisors Options Action ETF Street Buffett Archive Earnings Trader Talk Tech Cybersecurity AI Enterprise Internet Media Mobile Social Media CNBC Disruptor 50 Tech Guide Politics & Policy White House Policy Defense Congress Expanding Opportunity Video Latest Video Full Episodes Livestream Live Audio Live TV Schedule CNBC Podcasts CEO Interviews CNBC Documentaries Digital Originals Watchlist Investing Club Trust Portfolio Analysis Trade Alerts Meeting Videos Homestretch Jim's Columns Education Subscribe PRO Pro News Josh Brown Mike Santoli Calls of the Day My Portfolio Livestream Full Episodes Stock Screener Market Forecast Options Investing Chart Investing Subscribe Livestream Menu Make It select USA INTL Livestream Search quotes, news & videos Livestream Watchlist SIGN IN Create free account Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Economy 'They asked too much': Canadian dollar slides as Ottawa and Washington head for all-out trade war Published Mon, Aug 24 2026 5:11 AM EDT Updated 5 Min Ago Jenni Reid WATCH LIVE Key Points The Canadian dollar fell against a slew of major currencies Monday after the U.S. imposed 50% tariffs on around $20 billion worth of its imports. "As a smaller, more open economy, Canada has more to lose from this," strategists at ING said Monday. Canadian Prime Minister Mark Carney said Washington had "asked too much" and he was not prepared to "compromise Canada's sovereignty or undermine our key industries." Roberto Machado Noa | Lightrocket | Getty Images The Canadian dollar fell on Monday morning after trade talks between Ottawa and Washington fell apart, leaving both sides facing higher prices on a wide array of imported goods. on Saturday slapped 50% tariffs on around $20 billion worth of imports from Canada, its second-biggest trading partner after Mexico. İlgili: #USMCA Bu özet bilgilendirme amaçlıdır, yatırım tavsiyesi değildir. — hisseonlinebot