Loonie Takes a Hit as US-Canada Trade Talks Collapse

The US-Canada trade talks have collapsed, causing the Canadian dollar to weaken against its US counterpart. The breakdown in negotiations has left investors concerned about new tariffs and prolonged economic uncertainty.

The collapse came after negotiators failed to resolve key differences over specific issues. Both sides had expressed optimism earlier in the week but ultimately fell apart over a sticking point.

Currency markets are highly sensitive to trade news, and the collapse has triggered a flight to safety, benefiting the US dollar. As of [time], the Canadian dollar was trading at [rate] per US dollar, down [percentage] from the previous close.