Fact checking Trump’s allegations from yesterday:
"We subsidize a lot of countries and keep them going and keep them in business," Trump said. "In the case of Mexico, it's $300 billion. In the case of Canada, it's close to $200 billion a year."
According to the Office of the United States Trade Representative, The U.S. goods trade deficit with Canada was $63.3 billion in 2024, down from $64 billion in 2023. That's far less than Trump claimed on Wednesday.
https://www.cbc.ca/news/politics/fact-checking-donald-trump-s-claims-about-canada-in-his-global-tariff-speech-1.7500989