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Canada Goods-Trade Deficit Widens to Record C$7.14 Billion

The New York Times · 1d

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.

Bloomberg · 1d

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.

Reuters on MSN · 1d

Canada's April trade deficit widens to historic high as tariffs cripple exports

Canada's trade deficit in April widened to an all-time high of a whopping C$7.1 billion ($5.2 billion), data showed on Thursday, as tariffs imposed by President Donald Trump sucked out demand for Canadian goods from the United States.

Canada, China Agree to Normalize Ties

The Wall Street Journal · 13h

Canada, China to Normalize Relations Amid Global Trade Disruption

Canada and China have reached a diplomatic detente, after years of testy relations and with President Trump targeting both countries with hefty tariffs. Prime Minister Mark Carney said a call he held with Chinese Premier Li Qiang marks the start of “recalibrating the relationship with China.

MarketWatch · 18h

Canada, China Agree to Normalize Ties After Years of Testy Relations -- Update

OTTAWA--Canada and China have agreed to restore regular communications between the two countries following years of testy relations following Ottawa's role in the arrest of a senior Huawei Technologies executive last decade.

Reuters on MSN · 22h

China seeks improved ties with Canada amid rising trade tensions

China called on Friday for steps to improve bilateral ties with Canada, saying there were no deepseated conflicts of interest, following a spike in trade tensions with many of Beijing's Western trade partners this year.

1h

Canada PM's emergency economy move amid Trump's '51st State' threats, tariffs

Canadian Prime Minister Mark Carney announced economic measures on June 6, in response to mounting fears over U.S. President ...

1don MSN

Ontario Premier on steel tariffs: China's the problem, not Canada

Ontario Premier Doug Ford joins 'Money Movers' to discuss the U.S. new tariffs on steel and aluminum and the impact on Canada ...

2don MSN

Canada to Hold Off on Retaliating in Response to Higher U.S. Metals Tariffs

Canada is going to wait before enacting any further retaliation against the U.S. over higher steel and aluminum tariffs ...

4hon MSN

The Surprising Impact of Trump's Tariffs On American Farmers

Trump's tariffs slashed farm exports, raised input costs and left farmers reliant on unsustainable bailouts, experts warn.

22h

Canadian Homebuyers Are Turning Their Backs on the U.S. After Trump's Tariffs—These Cities Are Being Hit the Hardest

The president's tariffs on Canadian imports this year ushered in a noticeable cooling in Canadian interest in Florida real ...

2d

Canada prepares reprisals over U.S. metals tariffs, EU reports progress in talks

The increase in U.S. metals tariffs applies to all trading partners except Britain, the only country so far to strike a ...

GlobalData on MSN1d

US tariffs on steel and aluminium may lead to job losses in Canada

Unifor, Canada's private sector union, and the Aluminium Association of Canada have expressed serious concerns over the ...

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