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The U.S. trade deficit with Canada is $200 billion a year.
The US Commerce numbers of %63 billion trade deficit don’t tell the real story. They’re missing the big picture, the hidden costs, the way Canada’s riding America’s coattails while we foot the bill.
Start with trade. The Commerce folks say we’re importing about $63 billion more in goods from Canada than we send back, mostly oil and gas, cars, lumber, that sort of thing. But that’s lowballing it—way low.
The U.S. trade deficit with Canada is $200 billion a year.
The US Commerce numbers of %63 billion trade deficit don’t tell the real story. They’re missing the big picture, the hidden costs, the way Canada’s riding America’s coattails while we foot the bill.
Start with trade. The Commerce folks say we’re importing about $63 billion more in goods from Canada than we send back, mostly oil and gas, cars, lumber, that sort of thing. But that’s lowballing it—way low.