The Canadian dollar strengthened against its U.S. counterpart on Tuesday as oil prices rose and investors grew skeptical that the U.S. will follow through with some proposed tariffs on trading partners.

Donald Trump just announced more tariffs that include Canada. These new tariffs could have an impact on you so here's what you need to know. On February 10, Trump signed executive orders to put 25% tariffs on all steel and aluminum imports,

The Canadian dollar is set to edge lower over the coming months as the threat of U.S. trade tariffs remains in place despite an early reprieve, but the currency is expected to recover and trade at a higher level in one year,

Canadian PM Justin Trudeau dared United States President Donald Trump over Tariff threats saying, "Our response will be firm and clear..."

Canadian premiers are taking up the Team Canada mantle in Washington this week on a joint mission to convince U.S. President Donald Trump to drop his tariff threats for good.

The dollar firmed on Monday as fresh threats of tariffs from U.S. President Donald Trump dented risk sentiment, casting a shadow over commodities markets and putting pressure on the euro and the Australian and Canadian dollars.