Do trade deficits hurt the economy?
In a post on Truth Social early on Wednesday, Donald Trump claimed his country is financially supporting its northern neighbour.
trade deficit
Does the U.S. have a trade deficit with Canada? Depends who you ask.
A long-running academic debate about trade statistics has taken on new importance after U.S. President Donald Trump was caught on tape bragging about making up trade statistics during NAFTA negotiations with Prime Minister Justin Trudeau.
Trump doubles down on lie he told Trudeau about trade deficit
U.S. President Donald Trump boasted in a fundraising speech in Missouri on Wednesday that he made up facts about trade in a meeting with Prime Minister Justin Trudeau, according to a recording of the comments obtained by The Washington Post.
Canada's trade surplus with U.S. hits highest level in three years
Canada's trade deficit fell in April and its surplus with the U.S. ballooned to its largest in three years, boosted by shipments of cars, natural gas and softwood lumber, says Statistics Canada.
Trade deficit hits record level in April, raising economic concerns
The bigger than expected trade deficit came as exports of crude oil and bitumen grew despite the wildfires in Fort McMurray, Alta., that forced several oilsands operations to shut down production.