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    Nonilex (nonilex@masto.ai)'s status on Wednesday, 07-May-2025 01:42:46 JSTNonilexNonilex
    in reply to

    In his post taking aim at #Canada, #Trump again cited a figure he framed as a “subsidy” the #UnitedStates gives its neighbor. The number he gave, $200 billion, appears to be a reference to the US’ #TradeDeficit with Canada. But that is vastly inflated: Last year, the #US had a $63.3 billion trade deficit with Canada, according to US official data. The US ran a trade #surplus with Canada if you excludes Canadian #oil exported to America.

    #geopolitics #MarkCarney

    In conversationabout 2 months ago from masto.aipermalink
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