November 8, 2021
For Immediate Release
DIVERSIFICATION NECESSARY TO RETAKE POSITION AS AMERICA'S LARGEST TRADING PARTNER
Victoria, BC - 8 Nov 2021 - With $441.7 billion dollars in trade over the last nine months, China has now overtaken Canada as the United States' largest trading partner. The 11.6% drop in trade is largely the result of a declining oil sector, with the price of oil sitting at half of its 2014 value. This decline in oil trade with the United States will continue as countries aro...