America First? More like America Alone.
Canada/US trade relations:
Canadian Prime Minister Carney on Tuesday steered clear of criticizing Trump personally, acutely aware that the two countries share a tightly integrated economy, with more than $725 billion in trade between them.
But as the standoff drags on, trade is shifting away from the U.S. The Trump administration’s tariffs on Canadian steel, aluminum, cars and other products — as well as Canada’s retaliatory levies — led to a decrease in U.S.-Canada trade in March. Canadian exports to the U.S. dipped 6.6 percent, while imports fell 2.9 percent.
Meanwhile, its exports to other countries surged 24.8 percent, canceling out the deficit with the U.S.
Looks like Canada has found other partners to export their goods to.
Canadian Prime Minister Carney on Tuesday steered clear of criticizing Trump personally, acutely aware that the two countries share a tightly integrated economy, with more than $725 billion in trade between them.
But as the standoff drags on, trade is shifting away from the U.S. The Trump administration’s tariffs on Canadian steel, aluminum, cars and other products — as well as Canada’s retaliatory levies — led to a decrease in U.S.-Canada trade in March. Canadian exports to the U.S. dipped 6.6 percent, while imports fell 2.9 percent.
Meanwhile, its exports to other countries surged 24.8 percent, canceling out the deficit with the U.S.
Looks like Canada has found other partners to export their goods to.
