China's car sales in April rose for a third month, up 14.8% from a year earlier, as government-subsidised auto trade-ins mitigated the impact of U.S. tariffs on consumer sentiment.

In the first data point since U.S. tariffs began, employers added only 7,400 jobs. Tariffs ‘are already taking a material bite out of the economy,’ says one analyst.

The national unemployment rate ticked up to 6.9 per cent in April as the manufacturing sector started to strain under the weight of tariffs from the United States, Statistics Canada said Friday.