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Canada's Trade Surplus With U.S. Widens to Most Since 2008

  • Cross-border gap is a key issue for Trump in Nafta talks
  • Northern nation’s exports grow even in face of metals tariffs
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Trump Says He Expects Canada to Treat U.S. Fairly in Trade Talks

Canada’s merchandise trade surplus with the U.S., targeted by President Donald Trump in Nafta negotiations, grew to the widest in a decade.

The surplus widened to C$5.3 billion ($4 billion) in July from C$4.1 billion the previous month, when the U.S. hit Canada with tariffs on steel and aluminum. Statistics Canada said gains in global exports were led by automobiles and energy, almost all of which are bound for the U.S.