When President-elect Donald Trump recently floated the idea of annexing Canada, a key reason he gave was a claim that the United States was “losing $200 billion a year” to its northern neighbor.
Plans for tariffs and tax cuts are likely to worsen the U.S. trade balance, Desmond Lachman writes in a guest commentary.
In November, the US trade deficit rose 6.2 percent to $78.2 billion ... carry through to fourth quarter gross domestic product results, said Carl Weinberg and Mary Chen of High Frequency Economics ...
Canada recorded a ninth consecutive monthly trade deficit in November, albeit smaller than expected, as exports rose faster ...
The result has been record imports. Exports, on the other hand, have been held in check by a strong dollar and weaker foreign economies. The numbers: In November, the U.S. trade deficit rose to $ ...
The merchandise-trade deficit came in at 323 million Canadian ... while imports increased 1.4%. As a result, Canada's trade surplus incorporating both goods and services narrowed to C$642 million ...
OTTAWA — Canada's merchandise trade deficit with the world narrowed to $323 million in November as growth in exports outpaced imports, Statistics Canada said Tuesday. The result compared with a ...