Canadian dollar remains unaffected by Trump's decision to increase tariffs on steel and aluminum imports from 25% to 50%.
Bank of Canada expected to maintain benchmark rates during its policy meeting with minimal impact on the market.
WTI oil prices rise after a decrease of 3.3 million barrels in crude oil inventories reported by the American Petroleum Institute.
Global supply chain disruptions due to Trump's trade policies affecting rare-earth metals, leading to closures in European carmakers and parts suppliers.