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RandAlThor@lemmy.ca to World News@lemmy.worldEnglish · 2 days ago

Canada’s April trade deficit widens to historic high as tariffs cripple exports

www.bnnbloomberg.ca

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Canada’s April trade deficit widens to historic high as tariffs cripple exports

www.bnnbloomberg.ca

RandAlThor@lemmy.ca to World News@lemmy.worldEnglish · 2 days ago
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Canada’s trade deficit in April widened to an all-time high of a whopping $7.1 billion (US$5.2 billion), data showed on Thursday, as tariffs imposed by U.S. President Donald Trump sucked out demand for Canadian goods from the United States.
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  • HellsBelle@sh.itjust.works
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    2 days ago

    Yeah, things are gonna get a bit rough up here. Carney said as much so here’s hoping his plans to mitigate the effects start bearing fruit sooner rather than later.

    • wise_pancake@lemmy.ca
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      2 days ago

      This is the part where elbows up really matters.

      This is going to suck for us all.

  • BigMikeInAustin@lemmy.world
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    2 days ago

    Best wishes to Canada. I’m sorry for the damage the US is causing.

    • HellsBelle@sh.itjust.works
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      Thanks. That’s appreciated.

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