The Globe and Mail reports in its Wednesday edition that Canada posted its ninth-consecutive trade deficit in November, but its trade surplus with the United States grew that month, highlighting a key economic dynamic that has political implications ahead of Donald Trump's return to the White House later this month. The Globe's Mark Rendell writes that Canada's total merchandise trade exports increased 2.2 per cent in November, while imports increased 1.8 per cent, narrowing the country's trade deficit with the rest of the world to $323-million from a downwardly revised $544-million the month before, Statistics Canada reported Tuesday. At the same time, the long-standing goods trade surplus with the U.S. increased to $8.2-billion from $6.6-billion in October, with exports to the U.S. up 6.8 per cent month-to-month and imports up 4.1 per cent. "We lose in trade deficits. We're losing massive," Mr. Trump said of trade with Canada in a news conference on Tuesday. "You know, they make 20 per cent of our cars. We don't need that. I'd rather make them in Detroit. We don't need their cars. We don't need their lumber." TD Bank economist Marc Ercolao said in a note, "The outlook for Canadian trade in 2025 is cloudy at best."