Canada’s Balance of Payments basic statistics:

Photo by Burst on Pexels Most of Canada’s international trade is with the United States (76.4%) composed of motor vehicles and parts, industrial machinery, aircraft, telecommunications equipment; chemicals, plastics, fertilizers; wood pulp, timber, crude petroleum, natural gas, electricity, and aluminum, as it’s highest-valued exported products. On the Import side, Canada gets from the United States …

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US/CAD clash over Aluminum

Photo by Dylan Nolte on Unsplash Canada will impose retaliatory tariffs in response to U.S. President Donald Trump’s move to reimpose 10% tariffs on some Canadian aluminum products, Deputy Prime Minister Chrystia Freeland said in a statement. “In response to the American tariffs, Canada intends to swiftly impose dollar-for-dollar countermeasures,” Freeland said, calling the tariffs …

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