# Canada’s July trade surplus shrinks as exports to U.S. fall

https://mins.news/en/item/43905

- Reuters, 2026-09-03 14:45 UTC
- Economy
- Original: https://www.reuters.com/world/americas/canada-july-trade-surplus-shrinks-weeks-before-new-us-tariffs-2026-09-03/?link_source=ta_bluesky_link&taid=6a9987f76f821100011656c7

> Canada’s trade surplus narrowed sharply in July as energy and metal exports declined and imports increased. The change comes weeks before Washington’s new 50% tariffs begin appearing in trade statistics, creating a tougher test for Canadian exporters.

## Stories

- [Canada US trade and tariff tensions](https://mins.news/en/topic/canada-us-trade-tensions) — Markdown: https://mins.news/en/topic/canada-us-trade-tensions.md

## Related coverage

- [Will the US-Canada Trade War Weaken the Loonie?](https://mins.news/en/video/45686) — Bloomberg Television, 2026-09-04