Notably: “The White House says, “Canada has extracted a persistent average annual goods trade deficit of roughly $50 billion from the U.S. over the last decade — while refusing reciprocal access.”
The overall number is correct (it was $48.5 billion in 2025, according to the U.S. Trade Representative). But as premiers and others have repeatedly noted, the only reason for that is because Canada exported 3.9 million barrels of oil per day to the U.S. last year.
States near Canada’s border need the oil, and it’s sold at below-market prices, a significant economic advantage for the U.S.
If that oil were removed from the calculation, the U.S. would have a goods surplus with Canada. In other words, excluding energy, it exports more stuff to Canada than Canada exports to the U.S.”
There’s a reason the Trump administration only focuses on the goods trade deficit. Canada imports more in services from the USA than is exported to them. Although combined goods and services Canada still exports more than it imports from the USA:
https://usafacts.org/answers/what-is-the-value-of-us-trade/countries/canada/
In any case having a trade deficit does not mean that Canada is “ripping off the USA”.
I don’t even want to fact check these fuckers because facts don’t matter to them at all. It’s just an excuse for the orangutan to throw another temper tantrum.
Thanks Carney for not entertaining his bullshit.
The borderline sadistic way MAGAs will demand evidence in the same breath as they disregard it is some psychology textbook shit.
