Canada expands non-US exports to reduce reliance on United States
- 1Canada's trade share with the United States has fallen to its lowest level in 30 years.
- 2Canada's non-US exports increased by more than 40% over the past 12 months.
- 3Donald Trump imposed tariffs on $20 billion worth of Canadian goods this quarter.
So what's the key point?
Canada has significantly increased the proportion of goods it sells to countries other than the United States. As Trump imposes tariffs on Canadian goods, the situation of relying only on the United States is changing.
Source Apricitas Economics · View original ↗
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