The Globe and Mail reports in its Saturday edition that Avery Shenfeld, chief economist, CIBC Capital Markets, says that President Donald Trump's trade war not only generated a hit to Canada's export growth, but there were concerns that it could also add to inflation. Mr. Shenfeld writes that while Canada has dropped most of its retaliatory tariffs, the goods we buy from the U.S. face higher production costs, as American businesses are paying more for imported materials and parts subject to tariffs. But while import price data can be choppy, recent numbers show calm waters in Canada's consumer goods import prices. Vehicle makers may be trying to hold the line on pricing given the softness in Canadian income growth. Canada also imports the majority of its non-auto consumer goods, and a significant share of its vehicles, from outside the U.S. European and Asian manufacturers facing tariff challenges for their shipments to the U.S. could be ending up with excess capacity, and reasons to try to move more goods to open markets such as Canada by keeping prices competitive.