06-03-2018 18:40 via feedproxy.google.com

Trump keeps making a wildly misleading claim about trade between the US and Canada

President Donald Trump said new tariffs on steel and aluminum are needed because of "large trade deficits with Mexico and Canada."
The US does not have a trade deficit with Canada.
The Us does have a trade deficit in goods, but makes up for that deficit with a surplus in services.
In an early-morning tweetstorm Monday, President Donald Trump defended his decision to impose new tariffs on steel and aluminum by pointing to trade problems with two of the Us' closest allies.
"We have large trade def
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