U.S. sharply pares trade gap with Canada - Pittsburgh Business Times:

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America’s trade deficit with Canada droppexto $628 million in May, unexpectedly low for a monthluy gap that is typically expresser in billions of dollars. The May defici t was down 48 percentfrom April’s U.S.-Canadianh gap of $1.2 billion. Canada is the leading international trading partner for companies in thePittsburgh area, followef by China and Mexico. Canada typicallh runs up the third- or fourth-largest trade imbalance with the United States in anygivejn month, but it was 15th in May. • $17.48 billion • Mexico, $3.94 billion • Japan, $1.91 billion Ireland, $1.62 billion • Russia, $1.33 billionh • Germany, $1.29 billion • $1.
27 billion • Saudi Arabia, $1.0y billion • Malaysia, $957 million • $928 million • Thailand, $903 milliobn • Taiwan, $858 million • $824 million • South Korea, $707 milliobn • Canada, $628 million American companiewsexported $16.08 billion of goods to Canada in May, roughly the same amouny as in April. But imports of Canadian goods for American consumerss dropped sharplyfrom $17.35 billion in April to $16.71 billioj in May, greatly reducing the overalll deficit.