Trump threatened punishing tariffs. So far, Canada has shrugged them off.

[turbinetree]

Canada's trade surplus with the US has actually widened by nearly $1 billion, official figures from Ottawa show.

STEPHANIE GRIFFITH AUG 4, 2018, 4:10 PM

Donald Trump apparently thought Canada would be brought to its knees by the tariffs that Washington summarily slapped on its aluminum and steel exports earlier this year. So far, that’s not the way it’s working out.

In fact, Canadian exports rose 2.5 percent in June to a record $37.1 billion, according to data provided Friday by Statistics Canada, widening Ottawa’s trade surplus with the United States.

The increase in exports, the government agency said, was “mainly on higher exports of passenger cars and light trucks…. As a result, Canada’s trade surplus with the United States widened from $3.3 billion in May to $4.1 billion.”

HuffPost Canada reported that analysts had expected a trade deficit of $2.3 billion, citing a poll by Thomson Reuters Eikon.

https://thinkprogress.org/trump-threatened-punishing-tariffs-so-far-canada-has-shrugged-them-off-0a7af59459ab/

And this traitor is suppose to have degree.....................Canada just told the sexual predator also known as the traitor.............................your fucked up....................take a look at the export numbers there zippy..................

[Bernardo de La Paz]

1. The June and 2nd Quarter bump (4.1%) probably due to rush to beat tariffs before imposition. . . nt

[Bernardo de La Paz]

2. Ignorant journalists AGAIN mistake goods surplus for trade surplus.

Canada has been running a goods surplus with the US, but suffers a trade deficit when you include (as you must) the trade in services.

A good surplus is NOT a trade surplus.

[Scruffy1]

3. Thanks for calling this out.

I think many casual readers, like me, would miss this.