Canada's trade deficit in May narrowed after a record-breaking deficit in April as total exports rose and imports fell even as the impact of U.S. tariffs dented shipments south of the border, data ...

OTTAWA (Reuters) -Canada's trade deficit in May narrowed after a record-breaking deficit in April as total exports rose and imports fell even as the impact of U.S. tariffs dented shipments south ...

With US tariffs crushing exports and imports between Canada and its biggest trading partner, exports to other countries helped narrow the nation’s trade deficit to C$5.9-billion ($4.3-billion ...

Canada's merchandise trade deficit narrowed to $5.9 billion in May after hitting a record high in April as tariffs continued to weigh on trade between Canada and the U.S. According to data from ...

Trump threatened to escalate tariffs beyond 35% if Canada opts to retaliate with tariffs on U.S. goods. Canadian goods are also subject to sector-specific tariffs, such as 50% levies on steel and ...

Trump has also expressed frustration with a trade deficit with Canada that largely reflects oil purchases by America.

US President Donald Trump’s letter cites fentanyl smuggling and a persistent trade deficit primarily due to US oil imports from Canada as key reasons behind the tariff hike.

Washington and Ottawa have been engaged in tempestuous trade talks for months. Carney’s team is desperate to end tariffs ...

Statistics Canada says the country's merchandise trade deficit narrowed to $5.9 billion in May as gold exports climbed higher. The result compares with the record trade deficit of $7.6 billion seen in ...

Canadian Prime Minister Mark Carney on Tuesday rejected the idea that the country would agree to a rushed trade deal with the ...

WASHINGTON — President Donald Trump said in a letter that he will raise taxes on many imported goods from Canada to 35%, ...