{"id":886002,"date":"2026-09-06T22:12:15","date_gmt":"2026-09-06T22:12:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/886002\/"},"modified":"2026-09-06T22:12:15","modified_gmt":"2026-09-06T22:12:15","slug":"canadas-exchange-rate-with-u-s-is-unacceptable-trump","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/886002\/","title":{"rendered":"Canada\u2019s exchange rate with U.S. is \u2018unacceptable\u2019: Trump"},"content":{"rendered":"<p>Ahead of Canada\u2019s retaliatory tariffs on U.S. goods, Trump took to social media to say that the currency exchange rate between the countries is \u2018unacceptable\u2019. <\/p>\n<p class=\"c-paragraph\">U.S. President Donald Trump says Canada\u2019s exchange rate with the U.S. is \u201cunacceptable.\u201d<\/p>\n<p class=\"c-paragraph\">In a post shared to Truth Social on Sunday, Trump added it has \u201cbeen that way for years.\u201d<\/p>\n<p class=\"c-paragraph\">\u201cCanada\u2019s (currency) Dollar imbalance with the U.S. is unacceptable,\u201d the post reads. \u201cIt has been that way for years &#8211; but no longer!\u201d<\/p>\n<p class=\"c-paragraph\">Trump did not elaborate on what he meant by the post. <\/p>\n<p><img decoding=\"async\" data-chromatic=\"ignore\" alt=\"\" class=\"c-image\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/QMEC775CEJECRE26PY7KG27DYQ.png\"  width=\"800\" height=\"371\"\/>U.S. President Donald Trump posted on Sunday U.S. President Donald Trump posted to his Truth Social platform on Sunday about the Canada-U.S. currency exchange. (Screenshot) <\/p>\n<p class=\"c-paragraph\">The U.S. dollar currently trades at approximately C$1.38. <\/p>\n<p class=\"c-paragraph\">This means that C$1 is worth around 72 U.S. cents. <\/p>\n<p class=\"c-paragraph\">The Canadian dollar has historically been weaker than its U.S. counterpart, which makes Canadian exports cheaper to American customers and American goods more expensive for Canadians. <\/p>\n<p class=\"c-paragraph\">Trump\u2019s post comes two days before Canada\u2019s tariffs on U.S products comes into effect on Tuesday, Sept. 8. <\/p>\n<p class=\"c-paragraph\">The tariffs will target 700 American goods, in response to Trump\u2019s 50 per cent tariffs on Canadian exports which have been in effect since Aug. 22. <\/p>\n<p class=\"c-paragraph\">On Aug. 30, Trump shared a series of posts to his socials where he described Canada as \u201cone of the worst abusers\u201d and claimed he had \u201csaved\u201d the automobile business in the U.S. thanks to the tariffs. <\/p>\n<p class=\"c-paragraph\">\u201cThey\u2019ve been ripping us off for decades and it\u2019s going to stop,\u201d his <a href=\"https:\/\/guelph.ctvnews.ca\/world\/article\/trump-calls-canada-one-of-the-worst-abusers-says-he-doesnt-want-canadian-anything\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/guelph.ctvnews.ca\/world\/article\/trump-calls-canada-one-of-the-worst-abusers-says-he-doesnt-want-canadian-anything\/\">post shared then reads. <\/a><\/p>\n<p><img decoding=\"async\" data-chromatic=\"ignore\" alt=\"\" class=\"c-image\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/S7GQLU6YUZEHFLDNRZVOGAYUJI.png\"  width=\"800\" height=\"450\"\/>Trump Truth Social U.S. President Donald Trump&#8217;s Truth Social post. <\/p>\n<p class=\"c-paragraph\">Since trade negotiations broke down on Aug. 21, Trump has repeatedly criticized trade relationships between the two countries. <\/p>\n<p class=\"c-paragraph\">Carney has not responded publicly to Trump\u2019s social media statements. <a href=\"https:\/\/www.ctvnews.ca\/politics\/article\/canadians-back-turning-down-us-trade-deal-most-support-counter-tariffs-nanos-survey\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.ctvnews.ca\/politics\/article\/canadians-back-turning-down-us-trade-deal-most-support-counter-tariffs-nanos-survey\/\">A recent Nanos poll found that Canadians have been supportive <\/a>of the prime minister\u2019s response to the trade dispute and are in favour of his government\u2019s counter-tariff measures. <\/p>\n<p>Related Stories<\/p>\n","protected":false},"excerpt":{"rendered":"Ahead of Canada\u2019s retaliatory tariffs on U.S. goods, Trump took to social media to say that the currency&hellip;\n","protected":false},"author":2,"featured_media":886003,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[712,43,44,41,39,42,40],"class_list":["post-886002","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-apple-news","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/886002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=886002"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/886002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/886003"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=886002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=886002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=886002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}