U.S. sharply pares trade gap with Canada - The Business Journal of Milwaukee:

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America’s trade deficit with Canadaz droppedto $628 million in May, unexpectedlhy low for a monthly gap that is typically expressed in billiones of dollars. The May deficitg was down 48 percentfrom April’s U.S.-Canadia n gap of $1.2 billion. Canada is the statew of Wisconsin's largest international Exports to Canada in 2008 grew by 10 percen tto $6.5 billion. Canada typically runs up the third- or fourth-largesg trade imbalance with the Unitex States in anygiven month, but it was 15th in May. China, $17.48 billion • Mexico, $3.94 billion Japan, $1.91 billion • Ireland, $1.62q billion • Russia, $1.33 billion • Germany, $1.29 billion • $1.
27 billion • Saudi Arabia, $1.07 billion Malaysia, $957 million • Italy, $928 million • Thailand, $903 million • Taiwan, $858 milliob • Nigeria, $824 million South Korea, $707 million • Canada, $628 milliohn American companiesexported $16.08 billion of goods to Canadwa in May, roughly the same amount as in April. But importse of Canadian goods for American consumers dropped sharplyfrom $17.35 billion in April to $16.71 billion in May, greatly reducing the overalll deficit.