Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Politics
Shrewd'm.com Merry shrewd investors
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Politics


Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (1) |
Author: AlphaWolf   😊 😞
Number: of 48427 
Subject: We don’t do much business with Canada
Date: 05/07/2025 12:13 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 15
“We don’t do much business with Canada from our standpoint. They do a lot of business with us. We’re at like 4%,” Trump said.

That “4%” figure is wrong. Official US data shows that Canada bought about 17% of US goods exports in February and March, the last month for which data is available – more than any other country. Canada bought about 16% of US goods exports in January, second only to Mexico.

Trump’s “we don’t do much business with Canada from our standpoint” claim is too subjective to render a definitive fact-check verdict, but Carney’s remark that “we are the largest client of the United States” is confirmed by the US government itself. Official US data shows that Canada bought about $440 billion worth of US goods and services in 2024, more than any other country, and the Office of the US Trade Representative notes on its website that “in 2024, Canada was the top destination for U.S. exports” as well as “the third-largest source of U.S. imports.”

Trump also repeated his frequent claim that the US is “subsidizing Canada to the tune of maybe $200 billion per year.” Trump has previously made clear that he is speaking about the US trade deficit with Canada, but that is not even close to $200 billion. Official US statistics show the 2024 deficit with Canada in goods and services trade was about $36 billion.


Not only is Donny 2 Dolls a dementia riddled moron, he’s an ignorant dementia riddled moron.

We are so screwed.



https://www.cnn.com/2025/05/06/politics/fact-check...
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (1) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds