Trump Garbles Canadian Trade Stats

The official U.S. statistics on trade with Canada show that the United States has a trade surplus with our neighbor to the north. The U.S. surplus was $2.8 billion in 2017, according to the Census Bureau. Yet, President Donald Trump has claimed that the U.S. has “close to $100 billion a year loss with Canada” or $17 billion “minimum.”

Both figures refer to trade in goods only, not services. And the $100 billion figure factors in re-exports, which are products that come from a third country to the U.S. but travel through Canada.

The U.S. isn’t “losing” $100 billion on trade.

https://www.factcheck.org/2018/06/trump-garbles-canadian-trade-stats/

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