The United States trade surpluses with Canada in autos, other finished manufactured goods such as machinery, and services such as tourism, all shrank in 2025, reflecting the costs to US industry of the sharp increase in trade barriers between the two highly integrated economies.
The chart also illustrates that the United States registers a deficit with Canada in agriculture, energy, and other resources. Three months before the formal trilateral review of the Canada-US-Mexico Agreement (CUSMA), it is worth reiterating that the US economy benefits from these imports, which help provide reliable and affordable products to US consumers and farmers, and inputs that support the competitiveness of high-value-added manufacturing in the United States.
