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Canadian dollar falls to lowest point since 2020 after Trump tariff threats

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November 26, 2024

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YouTube Description

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The Canadian dollar was trading at 70.87 cents US early Tuesday, down from 71.53 cents US on Monday, following U.S. president-elect Donald Trump's pledge to impose a 25 per cent tariff on all Canadian imports. CBC News senior business correspondent Peter Armstrong breaks down the potential effect of Trump's proposal on the Canadian economy.

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