Don’t miss this month’s edition of the George Davis Report, where George discusses risks associated with US trade tariffs.
What you need to know:
1
The threat of US tariffs is top of mind for Canadian investors and businesses as the New Year gets underway.
2
The costs and fallout associated with tariffs are not just a one-sided affair.
3
RBC’s forecast profile assumes modest and targeted US tariffs that are less protracted in nature.
4
Our USD/CAD fitted framework indicates that prices have only incorporated a small tariff risk premium.
5
This leaves CAD vulnerable to a more aggressive, protracted and widespread tariff scenario.
For the trading range:
USD/CAD
Buyers
1.4000/1.4100
Sellers
1.4400/1.4500
