this post was submitted on 25 Feb 2025
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Canada
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He believes there is a deficit because on the books the US is paying more to Canada than Canada is paying the US. He believes it should be the other way around, he is just forgetting that Canada sends more product down to the US so they pay Canada more.
This more product is oil and natural gas May I remind you that we sell it to the US at a discount.
It's like he's forgotten that trade consists of both money AND goods. We're not just passing money back and forth while secretly keeping some of the USA's cut. Like even kids can understand this. And yes it's even more infuriating since we've been good to the USA, I'm sure many countries around the world would love a neighbour like Canada.