Trump's tariff policy is reshaping Canada's trade flow, new data shows. Trade data for October showed that Canada's share of exports to the US fell to 67.3%, the lowest level since the pandemic. This marks the second lowest share in the past ten years, and the third time the total share has fallen below the 70% mark in 2025. According to data from the beginning of 2025 to the present, only 72.4% of Canada's exports went to the US, while in the past this traditional share usually remained between 75% and 80%. Statistics Canada data also showed that exports to the US in October fell 3.4% from the previous month and 6.9% from the same period last year. Strong growth in exports to China and the UK offset the year-on-year decline, reflecting market demand for energy products and precious metals.

Trump's tariff policy is reshaping Canada's trade flow, new data shows. Trade data for October showed that Canada's share of exports to the US fell to 67.3%, the lowest level since the pandemic. This marks the second lowest share in the past ten years, and the third time the total share has fallen below the 70% mark in 2025. According to data from the beginning of 2025 to the present, only 72.4% of Canada's exports went to the US, while in the past this traditional share usually remained between 75% and 80%. Statistics Canada data also showed that exports to the US in October fell 3.4% from the previous month and 6.9% from the same period last year. Strong growth in exports to China and the UK offset the year-on-year decline, reflecting market demand for energy products and precious metals.