The Value of Canada-US Trade
The Value of Canada-US Trade
A 25% tariff by the US on trade from Canada would severely harm the unique Canada-USA trading relationship, hurting workers and businesses on both sides of the border. Over $3.6 billion in trade crosses the border each day -- already $65 billion worth of trade has happened since the start of the month. The US is Canada's #1 trading partner by far, and Canada currently buys more from the US than China, Japan and Germany -- combined.
The Langley Chamber knows tariffs are one of the most urgent threats facing business today. We have been in contact with our national Chamber counterparts, and with the provincial and federal governments, to express this urgency and the need to avoid, or mitigate, the tariff impacts.
For the US, tariffs on Canada would shrink their GDP by 1.6% and cost every American family thousands as everything from groceries to gasoline to cars gets more expensive.
To help illustrate these impacts and the value of Canada-US trade, the Langley Chamber is pleased to share the Canada-US Trade Tracker -- a new interactive tool available for use by anyone.
The Canada-U.S. Trade Tracker delivers real-time insights into trade flows, industry trends, and data-backed analysis, helping businesses and policymakers navigate the uncertainty posed by tariffs and other barriers with clarity and confidence—so we can safeguard North America’s most successful trade relationship for the benefit of all.
Explore the Trade Tracker >
Read more about Canada-US trade in the Partners in Prosperity report >