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US Trade Deficit Narrows by Most on Record

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 · 2d

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.

Canada’s trade deficit hits record high as exports to U.S. plunge in wake of tariffs

Sectors hit hardest by tariffs saw the biggest drops in exports, with a 34.5 per cent fall in raw aluminum and 22.9 per cent drop in passenger vehicles, with lumber

2d

U.S. trade deficit narrows by most on record as imports plunge

The US trade deficit narrowed in April by the most on record on the largest-ever plunge in imports, illustrating an abrupt ...

Canadian Mortgage Trends1d

BMO: Record trade deficit supports BoC cuts in July, September

Canada’s merchandise trade deficit ballooned to a record $7.1 billion in April, prompting BMO to say the economic hit ...

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