Canadian Dollar Falls as US-Canada Trade Talks Collapse Over Dairy Quotas

The Canadian dollar weakened against its US counterpart on [Date], following the collapse of trade negotiations between the two countries.

The talks, which had been ongoing for weeks, broke down without a deal, leaving investors concerned about the potential for new tariffs and prolonged economic uncertainty.

The breakdown came after negotiators failed to resolve key differences over dairy quotas. Both sides had expressed optimism earlier in the week, but the talks ultimately fell apart over this specific sticking point.

In response, the USD/CAD pair rose, reflecting a stronger US dollar and a weaker loonie. As of [time], the Canadian dollar was trading at [rate] per US dollar, down [percentage] from the previous close.