Trumps Tariff Threats Shake CAD/JPY Pair Amid Trade Tensions
The CAD/JPY currency pair faces volatility following US President-elect Trump’s latest threats regarding trade tariffs. Trump targets Canada, suggesting a potential 25% tariff on all Canadian exports to the US. This assertion centers around allegations of illegal migration and drug trafficking from Canada to the US. As tensions escalate, traders must stay aware of how these developments could impact the CAD/JPY pair and the broader Forex market. The situation highlights the intricate relationship between politics and international trade, which may lead to significant market fluctuations in the near term. Traders should closely monitor both political developments and market reactions.
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