Canadian exports reportedly waning in July ahead of new U.S. tariffs
TradingView cites CIBC Capital Markets’ Andrew Grantham saying Canadian exports started to wane in July even before new 50% U.S. tariffs hit, likely a slight negative for Q3 GDP.
10:53 ET--The latest data suggests Canadian exports were already starting to wane in July, even before the new 50% U.S. tariffs hit, which will probably be a slight negative to GDP in the third quarter, reckons CIBC Capital Markets' Andrew Grantham.
Exports in July fell for the first time in six mo…