机构：关税冲击显现 加拿大央行维持利率不变理由受质疑

Group 1 - The core argument of the article highlights that Canada's central bank's decision to maintain the benchmark interest rate at 2.75% is being questioned due to a disappointing trade report for April [1] - The trade report indicates a significant decline in exports by 10.8%, reaching the lowest level in nearly two years, and a record trade deficit of 7.14 billion CAD [1] - The Canadian dollar's strongest monthly appreciation since May 2021 is cited as a contributing factor to the sharp decline in export data [1] Group 2 - In USD terms, Canadian exports fell by 8.4% in April [1] - Exports to the U.S. decreased by 15.7%, suggesting that U.S. importers may have accelerated orders from Canadian suppliers in the first quarter to avoid tariffs [1]