OTTAWA, May 6 (Xinhua) -- With the implementation of the new tariffs in March, Canada's trade with the United States fell in March, said Statistics Canada on Tuesday.
Exports to the United States decreased 6.6 percent, a second consecutive monthly decline following the strong ramp up in exports to the United States that led to a record in January, said the national statistical agency.
Meanwhile, imports from the United States fell 2.9 percent in March. Canada's merchandise trade surplus with the United States went from 10.8 billion Canadian dollars (7.8 billion U.S. dollars) in February to 8.4 billion Canadian dollars (6.1 billion U.S. dollars) in March, said the agency.
Canada's global merchandise exports decreased 0.2 percent, while imports were down 1.5 percent in March, said the agency.
As a result, Canada's merchandise trade deficit with the world narrowed from 1.4 billion Canadian dollars (1.02 billion U.S. dollars) in February to 506 million Canadian dollars (367 million U.S. dollars) in March, said Statistics Canada.
