Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc 
The Canadian dollar is flat in early trading but slightly undeperforming in a broad US dollar selloff. The reason is that Trump on the weekend threatened 100% tariffs against Canada.Trump said the tariffs will come if Canada “makes a deal with China.” “China
will eat Canada alive, completely devour it, including the destruction
of their businesses, social fabric, and general way of life,” Trump said
in a post on his Truth Social website this morning.”If Canada
makes a deal with China, it will immediately be hit with a 100% Tariff
against all Canadian goods and products coming into the U.S.A.” Trump didn’t clarify what kind of deal that might be. Last week Trump seemed to endorse the small deal Canada made to import 49,000 EVs in exchange for dropping agricultural tariffs.”That’s what [Carney] should be doing. It’s a good thing for him to
sign a trade deal. If you can get a deal with China, you should do
that,” Trump told reporters at the White House.However Mark Carney stole the show from Trump at Davos with a memorable speech that declared the end of the US-led world order. That seemed to irk Trump and led to the latest threat.In any case, Treasury Secretary Scott Bessent walked back the threat and said on the weekend that it would only apply if Canada signed a free trade agreement with China, something that’s not even on the table and is already prohibited under USMCA.”We have no intention of doing that with China or any other nonmarket
economy,” Carney said. “What we have done with China is to rectify some
issues that developed in the last couple of years.”So the whole thing is basically political theater.USD/CAD is down 8 pipis to 1.3692 so far in Asia. That’s near the lows of the month.
This article was written by Adam Button at investinglive.com.
💡 DMK Insight
Trump’s tariff threat could shake up CAD and related assets, and here’s why: With ADA currently at $0.35, the broader implications of a US dollar selloff could create volatility in crypto markets, especially if traders seek refuge in digital assets. The CAD’s underperformance against the USD might lead to increased speculative trading in ADA as investors look for alternatives. If tariffs are implemented, it could exacerbate economic tensions, impacting trade flows and investor sentiment. Keep an eye on the 50-day moving average for ADA; a break below could signal further downside risk. On the flip side, if the CAD stabilizes or if Trump backtracks, we might see a rebound in CAD-denominated assets, including ADA. Watch how institutional players react to these developments, as they often set the tone for market direction. The next few days will be crucial; monitor any news from Canada regarding trade negotiations or responses to Trump’s threats.
📮 Takeaway
Watch for ADA’s movement around the 50-day moving average; a break could signal increased volatility amid CAD’s response to tariff threats.
