Tariff fight raises the stakes for US-Mexico-Canada AgreementUS Dollar vs Canadian DollarBLACKBULL:USDCADBlackBull_MarketsThe Canadian dollar is potentially sensitive to further trade headlines. Trade talks between US and Canada collapsed Friday, with the U.S. imposing 50% tariffs on around $20 billion worth of Canadian goods from Saturday. Canada responded by announcing dollar-for-dollar retaliatory tariffs on selected U.S. imports, due to take effect on September 8. The breakdown also creates another complication for the future of the US-Mexico-Canada Agreement. Discussions between the US and Mexico have already begun but the latest escalation raises uncertainty over whether all three countries can reach a new agreement.