Tariff-Hit Factory, Wholesale Sales in Canada Fell in April
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Canada's trade-driven sectors are showing clearer signs of a pullback in activity brought on by US President Donald Trump's tariffs.
Manufacturing sales fell 2.8% in April, the largest monthly drop since October 2023 and the lowest level since early 2022, while wholesale sales dropped 2.3%, Statistics Canada data showed Friday. Both declines were deeper than the median projections in a Bloomberg survey of economists.
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