Trump insists U.S. has deficit with Canada
country — when the value of services is included in the calculation.
WASHINGTON — President Trump spoke about trade Donald Trump continues to during a fundraising speech insist the United States has a in St. Louis on Wednesday, trade deficit with Canada, folaccording to audio obtained lowing news reports that he by The Washington Post. The claimed at a fundraiser that paper reports that Trump he talked trade with the coun- said he freestyled with the try’s prime minister without facts when talking trade with knowing all the facts. Trudeau.
Trump said on Twitter Trump said Trudeau told Thursday: “We do have a him there was no trade defiTrade Deficit with Canada, as cit. Trump said he replied, we do with almost all coun- “‘Wrong, Justin, you do.’ I tries (some of them massive). didn’t even know . ... I had P.M. Justin Trudeau of Canno idea. I just said, ‘You’re ada, a very good guy, doesn’t wrong.’” Trump claimed the like saying that Canada has figures don’t include timber a Surplus vs. the U.S.(nego- and energy. tiating), but they do...they Canadian Foreign Affairs almost all do...and that’s how spokesman Adam Austin said I know!” in an emailed statement that
Trump, who routinely the countries “have a balinflates trade deficits, has anced and mutually benefipreviously complained about cial trading relationship.” He a trade deficit with Canada added: “According to their even though the U.S. runs own statistics, the U.S. runs an overall surplus with that a trade surplus with Canada.”