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Trump, Canada and Mexico
U.S. ran the biggest trade deficits with China and Mexico in 2024. What about Canada?
The U.S. ended 2024 with the second-largest trade deficit on record — and China and Mexico were the countries that benefited most from sending goods to America. Canada? Not so much.
Did Trump cave on his Canada and Mexico tariffs?
Some of the purported concessions that led to a 30-day pause on the tariffs were things Canada and Mexico had already done before Trump’s threat, but it’s complicated.
Trump tracker: US tariffs
Donald Trump announced steep new tariffs on Canada, Mexico and China on Sunday But on Monday the additional tariffs on Canada and Mexico were paused for 30 days Although the US’s additional tariffs on China are lower than those announced for Canada and Mexico,
Canada posts first trade surplus in 10 months
Canada posts first trade surplus in 10 months, driven by US stockpiling, strong demand
Canada in December posted its first trade surplus in 10 months as exports expanded faster than imports, led by a push by U.S. businesses to build up inventory ahead of potential tariffs on Canada and generally strong U.
Driven by US stockpiling, Canada posts first trade surplus in 10 months
The December trade surplus was at C$708 million ($496 million), compared with a revised deficit of C$986 million the prior month, helped by an 4.9 per cent growth in exports
Canada records trade surplus in Dec; exports climbed 10-month high, imports hit fresh record high
Canada posted a trade surplus of C$0.7 billion in December 2024, swinging from the upwardly revised deficit of C$1 billion in the previous month, and loosely in line with market expectations of a C$0.
US trade deficit widens sharply
Record high imports pressure US trade deficit
The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats, which might have prompted businesses to rush purchases of foreign-made goods like finished metals and computers.
US trade deficit hits record that will be a Trump target
President Donald Trump's mission to close the U.S. trade deficit met a greater challenge as America's trade deficit in goods soared to a record $1.2 trillion in 2024.
US trade deficit widens sharply in December as imports hit record high
The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats. The trade gap increased 24.7% to $98.4 billion, the highest since March 2022,
1d
on MSN
This firm employs thousands in Canada, the US and Mexico. Here’s what its workers think of Trump’s tariffs
In the hours before Canadian Prime Minister Justin Trudeau announced a 30-day pause on US President Donald Trump’s threatened ...
1d
on MSN
Trump’s tariff goal seems murky: What’s driving threats on Canada, Mexico?
President Donald Trump paused tariffs on Canada, Mexico for 30 days, but his ultimate trade strategy goals and objectives ...
Transport Topics
1d
Canada’s Oil Exports to US Jumped in December
Canada’s energy exports to the U.S. jumped at the end of last year, pushing the country’s trade surplus with its biggest ...
1d
2024 Trade Tops $5 Trillion, Exports Top $2 Trillion, Imports Above $3 Trillion
Along with $2 trillion in U.S. exports and $3 trillion in imports, the U.S. trade deficit with the world topped $1 trillion for the third time in four years.
AFP on MSN
10h
US trade deficit swells to $918.4 bn in 2024: What will be Trump's next move?
The high figures could attract renewed scrutiny under the new US administration, with Trump already threatening tariffs on ...
1d
Tariffs and trade: How Arizona fits into the commerce linking Mexico, Canada, others
Tariffs have made headlines in recent days with higher duties in the works for Mexico, Canada and China. How does Arizona fit ...
2d
on MSN
Fact check: Canada makes up just 0.2% of US border fentanyl seizures
President Donald Trump and his administration have made a variety of complaints about Canada to justify his plan to impose 25 ...
5d
Canada budget deficit over first eight months of 2024/25 jumps to C$22.72 bln
Canada recorded a slightly higher C$22.72 billion ($15.66 billion) budget deficit for the first eight months of the 2024/25 ...
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