Las tarifas adicionales de EE. UU. retrasan el crecimiento económico de Canadá en 2025

Statistics Canada released data on the 27th showing that, affected by the imposition of additional tariffs by the United States that disrupted normal trade order, Canada’s exports in 2025 declined significantly; economic growth slowed to 1.7%, the lowest level since 2020. The data show that in Canada’s fourth quarter last year, real gross domestic product (GDP) shrank by 0.2%, far below the level of growth of 0.6% in the previous quarter. Statistics Canada said that in the second quarter last year, Canada’s exports to the U.S. fell sharply and were unable to recover in the second half. As a result, Canada’s full-year exports declined by 1.7%, weighing on economic performance. The manufacturing sector, hit by the U.S. tariffs, became the biggest drag on Canada’s economic growth last year. At the same time, of the 20 industrial sectors in Canada last year, 16 expanded. Among them, helped by a bumper agricultural harvest, Canada’s agricultural product inventories rose for the first time in three years; household final consumption expenditure grew by 2.3%, basically in line with the growth rate in the prior two years; and in the area of capital investment, total investment grew by 1.4% in 2025, with the driving role of government investment being significant. (Xinhua News Agency)

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