Juxtapose time.
The U.S. trade deficit narrowed sharply in January as exports surged to a record high and imports fell, a trend that if sustained, could see trade contributing to economic growth in the first quarter.
Canada’s trade deficit widened in January as exports of motor vehicles and parts fell to the lowest level in more than four years. Canadian goods exports decreased by 4.7%, the biggest monthly decline since April 2025, Statistics Canada reported Thursday. That pushed the country’s trade shortfall to $3.65 billion.
Kill shot: Economists surveyed by Bloomberg were expecting Canada’s trade deficit to shrink to $1.1 billion January from $1.3 billion in December.



