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Canada Posts a Record Trade Deficit

The New York Times · 13h

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 · 21h

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 · 20h

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.

steel, Canada and Tariffs

CNBC on MSN · 18h

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 and Americans.

GlobalData on MSN · 1d

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 immediate impact of the tariffs.

Council on Foreign Relations · 17h

Trump’s New Aluminum and Steel Tariffs Explained in Six Charts

President Trump doubled almost all aluminum and steel import tariffs, seeking to curb China’s growing dominance in global trade. These six charts show the tariffs’ potential economic effects.

Mark Carney, Trump and Canada

The Star · 21h

Canada ‘will take some time’ before responding to Trump tariff increases, Mark Carney says

Canada’s PM Mark Carney called Donald Trump’s new tariffs “illegal” and “unjustified,” but said he wants to see how ongoing trade negotiations with the U.S. play out.

U.S. News & World Report · 14h

Trump and Carney Are in Direct Contact Over Tariffs, Says Canadian Minister

Canadian Prime Minister Mark Carney and U.S. President Donald Trump are in direct communication as part of Ottawa's bid to persuade Washington to lift tariffs, Industry Minister Melanie Joly said on Thursday.

Bloomberg L.P. · 1d

Carney Holds Back on Tariff Retaliation, Says US-Canada Talks Are Progressing

Prime Minister Mark Carney said Canada won’t respond immediately to the Trump administration’s doubling of steel and aluminum tariffs, and indicated that officials are in “intensive discussions” about the trade relationship between the countries.

17hon MSN

Bank of Canada: some firms see less chance of a worst-case tariffs scenario

Canadian firms and industry associations affected by trade tensions are less worried about a worst-case scenario involving ...

The EU, Canada and Mexico are in the tariffs line of fire

From the BBC World Service: The U.S. is doubling tariffs on most imported steel and aluminum, raising them from 25% to 50%.

GZERO Media on MSN15h

What We’re Watching: Trump doubles metal tariffs, Canada Liberals bid to secure the border, Wildfires spread

The US president doubled the tariffs on steel and aluminum, Liberals in Canada introduce a border bill, and wildfires spread ...

1d

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 ...

1d

Canada's largest private sector union calls for retaliatory tariffs against U.S.

The U.S. just hit Canada with another tariff gut punch, and Canada's largest private sector union says it's time to hit back ...

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