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C$ weakens as Trump-Trudeau fallout adds to trade worries

C$ weakens as Trump-Trudeau fallout adds to trade worriesTORONTO: The Canadian dollar weakened against its US counterpart on Monday after US President Donald Trump, who has threatened to scrap the NAFTA trade pact, attacked Canadian Prime Minister Justin Trudeau in their feud over trade, and as oil prices fell.

Trump fired off a volley of tweets on Monday venting anger on NATO allies, the European Union and Trudeau in the wake of a divisive G7 meeting in Quebec over the weekend.

Copyright Reuters, 2018
 

Source: Brecorder

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