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Canada Trade Deficit Inches Up

Canada's trade deficit widened in June to second largest on record

Canada's merchandise trade deficit widened in June to C$5.9 billion ($4.24 billion) as imports grew faster than exports due to a one-time high-value oil equipment import, data showed on Tuesday.

Bloomberg · 15h

Canada’s Goods Trade Deficit Widens on Machinery Imports

Canada’s merchandise trade deficit reached a record high in the second quarter, with June’s gap between exports and imports expanding.

The Wall Street Journal on MSN · 10h

Canada Trade Deficit Inches Up in June

Tariffs and uncertainty drag on exports, pushing shortfall to a record in the second quarter

More than 85 percent of US-Canada trade is tariff free

Seeking Alpha · 11h

U.S. Trade Deadline Passes Without A Deal: What's Next For Canada

The US has imposed a 35% tariff on some Canadian goods not covered by the current free trade deal. Marc Ercolao explains how Canada may be able to handle the new tariffs.

NBC News · 5d

Trump says he is open to more trade agreements; raises Canada tariff to 35%

Trump has justified tariffs on goods from Canada, the top U.S. export market, by accusing it of failing to stop the cross-border flow of fentanyl, even though U.S. government data shows Canada accounts for only 1% of the fentanyl that enters the United States.

The New York Times · 3d

What Do Trump’s Tariff Hikes Mean for Canada’s Trade-Dependent Economy?

After Canada failed to strike a trade deal with Washington, the president raised tariffs on some Canadian exports this week.

2don MSN

Transcript: Dominic LeBlanc, Canada's U.S. Trade Minister, on "Face the Nation with Margaret Brennan," Aug. 3, 2025

The following is the transcript of an interview with Dominic LeBlanc, Canadian Minister for U.S.-Canada Trade, that aired on ...

With Canada No Longer Able to Rely on U.S., Carney Pushes New Markets

Prime Minister Mark Carney suggested he’s unlikely to add additional retaliatory tariffs on U.S. goods, but he is trying to help affected companies develop new products and find new buyers.

WBUR11h

Former ambassador to Canada reflects on new tariffs

President Trump's 35% tariffs on a number of Canadian imports are now in effect, as the two countries try to reach a trade ...

2don MSN

Canadian trade minister says "we're prepared to stick around and do the work needed" after U.S. imposed 35% tariff on goods

Canada-U.S. Trade Minister Dominic LeBlanc said"we're prepared to stick around and do the work needed" after leaving ...

1don MSN

Champagne, Anand travelling to Mexico to strengthen Canada's trade ties

Finance Minister François-Philippe Champagne says he and Foreign Affairs Minister Anita Anand are heading to Mexico City to ...

The Canadian Press on MSN2d

Trade Minister Maninder Sidhu eyes new markets, smaller trade delegations

Ottawa's new trade minister says he's looking to sign deals in South America, Southeast Asia, Africa and beyond — and to ...

Elon Musk's Starlink Axed In Canada’s Ontario Amid Trump’s Tariff War | Firstpost America | N18G

The Canadian province of Ontario canceled a $68.12 million satellite high-speed internet contract with Elon Musk’s company ...

4don MSN

New tariffs on Canada take effect Friday; Dozens of other countries delayed

President Donald Trump signed a pair of executive orders late Thursday, shaking up his trade policy just hours before tariffs ...

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