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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 · 1d

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 · 20h

Canada Trade Deficit Inches Up in June

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

Trump, Canada and tariffs

The New York Times · 4d

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.

KHOU-TV Houston on MSN · 1d

Trump defends tariffs as Canada braces for 35% hike

President Donald Trump is back at the White House defending new tariffs set to take effect Thursday. Canada, facing a possible 35% tariff.

The Burlington Free Press · 1d

Trump sets reciprocal tariffs on 70 countries: What are they, and what prices will go up?

Under the executive order, Trump has kept an existing baseline 10% tariff for about 100 countries, and reciprocal tariff rates for 70 countries will range from 15% to 41%. A separate order also raised tariffs on goods from Canada from 25% to 35% “to address the flow of illicit drugs” across the northern border.

21h

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 ...

13h

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.

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 ...

21hon MSN

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

Finance Minister François-Philippe Champagne and Foreign Affairs Minister Anita Anand are in Mexico to meet with President ...

4don MSN

Proposed Canada-US trade deal could still be weeks away, says Ottawa

A proposed U.S.-Canada trade deal could still be weeks away, Ottawa's chief negotiator said on Friday, a day after U.S.

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 ...

BusinessMirror34m

‘Canada wants to buy more tropical fruits from PHL’

Canada is keen on importing more tropical fruits, such as mango from the Philippines, as it diversifies its trade options amid the uncertainty created by Washington’s tariff policy. Despite the ...

WBUR21h

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 ...

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