The USD/CAD currency pair trades with caution near the critical 1.4300 mark in the European session. There is considerable pressure on the Loonie as President Trump has proposed a September 1 implementation of a 25 percent tariff on both Mexico and China. This announcement creates an air of uncertainty in the market, influencing trading decisions as traders remain vigilant. Market participants are keenly interested in how these tariffs may affect the currency pair moving forward. Clarity concerning global trade dynamics will play a crucial role in shaping price actions. Investors may want to adjust their strategies in response to ongoing developments to navigate this volatile landscape successfully.