Sales of vehicles made in Canada plunged by nearly 23 percent in April after President Trump imposed a 25 percent auto tariff.

The U.S. trade deficit narrowed significantly in April as President Donald Trump sharply escalated tariffs before pausing a large swath of the levies, U.S. Commerce Department data on Thursday showed.

The U.S. trade deficit has plunged as imports surged and then plummeted as a result of President Trump's trade war and tariffs. The impact of rapid global economic shifts can be seen in the supply chain activity across the U.