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Canada Posts a Record Trade Deficit

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.

Reuters on MSN · 12h

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.

The Star · 6h

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

Ontario Premier on steel tariffs

CNBC on MSN · 10h

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 · 16h

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.

CBS News on MSN · 1d

Trump's 50% steel and aluminum tariffs take effect today. Here's what could get more expensive.

The 50% steel and aluminum tariffs could lead to higher prices on everything from cars to home and office supplies.

Canada, aluminum tariffs

Seeking Alpha on MSN · 18h

Canada to hold off response on higher U.S. metals tariffs

As U.S. President Donald Trump formally signed an order doubling tariffs on imported steel and aluminum to 50%, Canada—the largest supplier of these metals to the U.S.—remains significantly impacted.

The Wall Street Journal on MSN · 21h

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 because negotiators are in talks on a new bilateral economic-and-security deal,

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.

9hon MSN

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

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

13m

Loblaw vs JM Smucker face off over Folgers coffee price; weather, Trump tariffs also play a role

Loblaw, Canada's biggest grocery chain, stopped selling Folgers coffee. This happened because Loblaw disagreed with J.M.

1hon MSN

Sen. Collins questions US Commerce Secretary on Canadian tariffs, lobster regulations

Senator Susan Collins, Chair of the Appropriations Committee, questioned Secretary of Commerce Howard Lutnick on regulations ...

Donald Trump’s tariffs on Canada are likely here to stay, U.S. ambassador insists

Meanwhile, slim hope remains that direct talks between Trump and Prime Minister Mark Carney could see tariffs lifted.

CNET15h

Tariffs Explained: Everything You Need to Know as Trump Doubles Another Tariff

While Donald Trump's wide-ranging taxes on imports face scrutiny in court, rates on steel and aluminum have been doubled.

1don MSN

Canadian metals industry warns of layoffs, lost sales due to new US tariffs

Canadian companies and a major union said on Wednesday higher U.S. tariffs on steel and aluminum could result in more job ...

Marketplace1d

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%.

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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Canada Posts a Record Trade Deficit

Ontario Premier on steel tariffs

Canada, aluminum tariffs

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