The trade balance in Canada has averaged at around -3 billion CAD during the first half of last year which means a net deficit. Although, it started shrinking in June and in July, it turned positive for a month. The deficit increased again after that and it kept increasing, reaching -4.6 billion CAD in January. Around 75% of Canadian exports go directly to the US which makes this look strange knowing that Donald Trump has imposed tariffs on Canadian goods. Although, let's see if the trend will continue or reverse and the deficit will shrink. Please follow us for live coverage of this event by experienced analysts on our Economic Calendar section.