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News

US Trade Deficit Narrows by Most on Record

The New York Times · 2d
After Trump’s Tariffs Crash Exports, Canada Posts a Record Trade Deficit
Sales of vehicles made in Canada plunged by nearly 23 percent in April after President Trump imposed a 25 percent auto tariff.
CBC.ca on MSN · 2d
April's $7.1B merchandise trade deficit was the largest on record
Canada posted its largest merchandise trade deficit on record in April — at $7.1 billion — as exports fell sharply in the face of U.S. tariffs.
Bloomberg · 3d
Canada Trade Deficit Hits Record as US Tariffs Crush Exports
Canadian exports plunged by the most in nearly 17 years outside of the pandemic, widening the country’s merchandise trade deficit to the largest on record.
Toronto Star3d
Canada’s trade deficit hits record high as exports to U.S. plunge in wake of tariffs
In April, Canada’s monthly trade deficit in goods hit $7.1 billion — its highest level ever — as exports plunged in the wake of U.S. tariffs. Josh Rubin is a Toronto-based business reporter.
Morningstar3d
Canada Goods-Trade Deficit Widens to Record C$7.14 Billion in April — 2nd Update
This left Canada with a merchandise-trade deficit in April that ballooned to 7.14 billion Canadian dollars, the equivalent of about $5.22 billion, Statistics Canada said Thursday. It was a ...

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