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Trump was telling his MAGA Republicans that Canada is not a viable country without USA and that they subsidize Canada - Does trump know the difference between trade deficits, surplus and subsidizes??? I have never heard such an UNINTELLIGENT Leader as Trump - someone who is actually a Leader of Country - he is either ininformed or an outright LIER ?? How can anyone with even half a brain vote for that to represent them?? And now we also witness he is a BULLY. Unbelievable!!!!

From the USA: Why is it right for Canada to tariff us more than we tariff them? Trump pointed out that there was a 200 billion a year tariff deficit for the USA. Some say that number is inflated and the real number is somewhere around the 70 billion mark in Canada's favor. No one disagrees that the US has a huge tariff deficit with Canada. So, the USA is just leveling the playing field. It's time to truly have level trade with the rest of the world, not just Canada. No more free lunch from the US to the world. We want free and fair trade, but for that to happen we must tariff other countries goods at exactly the same level they tariff our goods.

I don't consider that. . . Talking directly to Trump. Good luck you whimpy crazy little fruit. Ok shoot us with your tariffs. See who caves first. Whining on tv trying to change our minds. When we openly, willingly and happily voted to change the way THIS COUNTRY has been thru because of idiots like you, Biden ETC. change hurts in the beginning. . . But in the end. We will see who has a trade deficit with who. Good luck little fruit

Canada and their snowflake PM can talk all they want! The trade deficit numbers between the US and Canada will crush Canada and be barely felt in the US. All of these comments are uninformed and uneducated. Once again, Canada will cave in a short time because it's unsustainable for their economy. Time to step up your border security or watch your economy crash!

FROM ARGENTINA I support Trump on this!!! The USA should balance goods trade and blow up deficit! Milei in Argentina has eliminated deficit for the first time after 123 years in Argentina's history, making economy and investment start growing. Mexico and Canada are taking advantage, Go Trump!!!

Didn’t Justin get fired?! There was ample time to negotiate. Huge trade deficit with Canada.

about drugs and illegal immigrants are clean, i am trust treadeu and i know he have matter house prices in his country. But he must be explained the subsidies that Trump said Canada received in very clean, its true or not. If true why canada not invest back to USA make fair economic as purpose make a trade balance both two country. In fact many factory moved from the usa to canada and USA trade deficit with Canada. SO dumb

Fix the 200 billion dollar trade deficits

Whats up with the 200 billion dollar trade deficit

America's trade deficit with Canada isn't fair. Canada are the bullies here,why not just equalise instead of fighting trump Be fare canada

So, a country that had a 2024 60 billion budget deficit, depends on the US for trade is going to act tough? OK. Zelensky just learned what FAFO means the hard way. Now he is begging ... Trudeau and Canada will end up begging and getting humiliated again.

What an effeminate, useless leader. I feel bad for Canadians. They are going to suffer because Trudeau will not address the money the USA is losing in trade deficits, border security and fentanyl.

We have a 600 billion deficit to these countries in trade, and you said liberals are okay with this. You all have some serious issues.

This is very scary. Again, what Trump is doing makes no sense - there is no economic or political sense to it. So what is he doing it for ?? To reduce our trade deficit? We have a huge deficit with Canada because we import so much oil from them, which our refiners require. On top of that we get Canadian oil for first cheap when compared to the global price mark for oil. This keeps US petroleum prices LOW! So okay if this is the issue, why not just find ways to improve the economics of U.S. oil production instead of smacking all Canadian imports with a 25% hammer ??? He has ulterior motives and it’s to weaken the American spirit and sell what he has on American to Russia. And our Congress isn’t doing anything !!!

All BS. We are in a trade deficit it with Canada. We haven’t been partners. Our leads in the past have catered and cost Americans future prosperity. Trump is equalizing the trade partnership. Stay out of American politics if you don’t live here, and if you do, try to see the long game! This is for our children, not us!

Is the world having a problem with the US having a strong leader? I think so! The US is no longer taking your unfairness and your grifter expectations toward us. For example, we do 68% of the monetary support of NATO. Let that sink in. Also, we have billions of dollars of a trade deficit with Canada. These leaders of other countries just can not understand why we will no longer be their piggy bank. In conclusion, my son has lived and traveled in Europe. I learned a lot just from his experiences in general. I love my president, Trump!❤❤❤❤❤❤❤ I have felt blessed to be an American all my life.

Trump's Import Tariffs Are To Combat a Non-Existing Problem \n \nThe import tariffs that US President Donald Trump has imposed on Mexico, Canada and China are meant to combat a non-existent problem, economics editor Jonathan Witteman recently analysed. Trump sees the structural trade deficit (the difference between the export and import of goods and services) that the United States has with almost all of its trading partners as a sign of weakness. Contrary to almost all political left-wing and also right-wing economists, he believes that a trade deficit is bad for a country's economy and believes that the US is being cheated by countries that export more to the US than they import. \n \n'I have said that the EU must make up for its enormous deficit with the US by purchasing our oil and gas on a large scale. If not, punitive tariffs will follow', Trump said last December, for example, about the trade balance between the US and the European Union. \n \nA connection between a bad economy and having a trade deficit cannot be found, political economy professor Andres Freytag concludes in the analysis. There are many countries in the world, such as Germany, with a trade surplus but a poorly performing economy. The opposite is more likely to be true: in countries with a trade surplus, more people are unemployed. This was shown by the Peterson Institute. \n \nTrump's tariffs are more dangerous for the economy, because they reduce imports and exports, partly because other countries in turn impose punitive tariffs in response. Trump's announced import tariffs during his first term even led to a larger trade deficit and to 7.2 billion dollars in welfare losses in the US.

Sh-t for brains Trump is using fentanyl as an excuse with Canada for the tariffs. What is really eating at Trump is what Trump calls the “trade deficit” between US & Canada trading which is NOT the fault of Canada but ignorant Trump seems to think it is so he is trying to punish Canada but really punishing the US

At the end of the day Canada its not just about fentanyl and you know it. Canada is a well fair state you know the trade deficit is one sided and you economy was already shit because of you, Justin Trudeau. Step down like you said you would do and let a real man lead Canada.

Canada needs the United States more than we need the Canadians. They have a 200 billion trade deficit with the US and just about everything we get from Canada, we can produce right here in our country. Energy, lumber, produce etc.\nThere might be a little discomfort in the beginning but a year from now America will be better off.

Wow, articulate strong talk, no lies, no propaganda, no bluster, none of the total and complete unrelenting bullshit we have endure on a daily basis from the sociopathic delusional asshole that currently occupies the White House. It should be no surprise that our leadership chooses to blame all of our problems on someone else, because that's exactly what they do every day. We have a drug problem, it's because of Canada and Mexico. We have an immigration problem, likewise Mexico and Canada. We have a deficit problem, that's because of the EU and NATO. Our problem is our government, specifically Republicans who won't accept the simple truth: you want to solve problems you have be disciplined and smart. You have to spend money to fix your problems instead of blaming some else and trying to get them to pay for it. You pay to solve your problems instead of giving huge tax cuts to people who don't need them. You stop lying to your people. You want to change the trade imbalance? Build products that other countries want at a price that makes sense. The EU has no laws that prevent American car manufacturers from selling their cars in Europe. American car companies make shitty cars. They make cars that are too big, that don't make sense for European where streets can be very small and gas is very expensive. The US manufacturers don't make a single small car in thos country that can compete with European cars. US agricultural products are laced with poisonous chemicals that are outlawed in the EU because they kill people. Our governmeent doesn't give a shit about that because to grow healthy food means you have to cut profits, almighty dollars, instead of grow things that the rest of the world will accept. We have an idiot for president who thinks he knows more than anyone else and an idiot party that won't tell him the truth. This is going to cost us big time. We are going into recession, probably a long one because we don't have real leaders and the president on his best day is nothing more than a reality TV personality, and not a very entertaining one at that.

80% of potash is imported from Canada. Potassium it's necessary for plant growth and a major input for farmers. The Tariffs will increase the cost per ton by at least $100 per ton. Regardless if domestic mining increases it'll result in higher grocery prices.... Again. We need to impeach this administration. Slapping tariffs on Canada which we hardly have a trade deficit with is asinine. Nevermind all the tech and service exports we send up North which probably far out paces the imports.

As far as alcohol exports Canada exports over 600 million dollars to the us while the us exports 255 million to Canada. Both countries lose. But this does highlight the trade deficit between the two countries. 63 billion dollar trade deficit with canada is enormous. I don't know what the solution is, but i know this will be painful for all.

Let’s see. I think the biggest contributor of the inflation is from the government spending and the gap on the trade deficit. Long term it will help US GDP

Men why don’t you guys ask your EU counterparts that sent money to Russia. I guess president Trump will not stop until the trade deficit gap hot closed

I support Trump, stop the trade deficit.

Presidente Trump told you a month ago about the trade deficit in favor of Canada, also he told you about the fentanyl problem, but you ignored it and now you are complaining. What the f...

It isn't about drugs, it is the fat fraudster throwing his 200kg around. He is taking weight loss drugs made in the UK, perhaps he should tariff those by several thousand percent? He doesn't understand a trade deficit, he doesn't understand tariffs, in fact he doesn't understand very much that isn't grifting and lying. The world has to come together and cut the US out so Trump and his boss Putin can cuddle up. The US can come back when it has jailed the fat fraudster and decided that criminals should not be allowed in the WH.

Canada been mooching off the usa for decades! Maybe Canada should volunteer to drop all the tariffs they have on us if they want to be friends. Why is it ok for them to have tariffs on us but we can't have tariffs on them? Canada started this terrific war years ago and the USA NEVER DEFENDED THEMSELVES! Why do we call them our ally when all they do is take? We have a hundred billion dollar trade deficit with them already. Canada funds their imaginary socialist utopia off the backs of Americans and it's time to stop the bleeding.

Unbelievable that the whole world has to deal with this unqualified Criminal. They all have to speak to him as if the trade War has anything to do with them or Commerce. When in reality it's all about stealing from the poor to give to the rich. Trump does not like that he is the president to ballooned the US deficit more than any other president in history. This was done because of his tax cuts for billionaires the first time around. He wants to extend the tax cuts but he has been warned what it will do to the deficit. So tariffs are his plan to put back into the US coffers what will not be going in from billionaire taxes. The Red Hat Club has been stupid enough to buy the tariffs have anything to do with immigration or drugs. It's so easy for Trump to use these trigger issues to commit his crimes and then excuse it. The cult never questions if they're told it has something to do with hating immigrants. Tariffs are paid for by the US citizen. The little guys. It allows the US government to become a middleman in every transaction. Getting a cut when it has done nothing to deserve it. It is the way Russia runs things. Trump is always using the Russia Playbook of how to dismantle a democracy. It is the opposite of free trade and capitalism

Let me explain the trading relationship briefly that occurs between Canada and the US for context. \n \nCanada Has a LOT of natural resources, more than our domestic manufacturing base needs (Uranium fuel, Lumber/paper products, Steel and other metals, Fertilizer for farms...etc). Therefore we sell those raw materials to the states where they are manufactured into goods, which we then buy back. a LOT of American service companies like tech, media (And yes, even banks)...etc also operates in Canada as well. (For the auto sector the parts flip back and forth across the border like 8 times) \n \nThis relationship alone has the American economy see a large trade surplus with Canada, however there is another element to it: Energy. \n \nCanada is also home to a LARGE amount of really cheap renewable hydro power in the east, and a LOT of oil in the west, due to a lack of infrastructure we really can only sell that oil to the states and therefore it is done at a discount. America refines this cheap oil into gas and is a large part of the reason why American gas is so cheap. They use this energy to power the same factories mentioned above. (Oh and also the NE states import a lot of that clean hydro electricity for the same reasons) \n \nThe US Buys SO MUCH of that cheap energy from us to power your industrial base, that it swings the numbers on the trade balance into a small deficit for the USA. (41 billion out of a TRILLION dollars total trade, or about -4.1% of total trade so literally a pretty small deficit) It also swing back and forth every year so \n \nThen comes Trump. He wants Canada as a 51st state and own the entire continent, therefore he manufactures an excurse that our border is leaky and that migrants and fentanyl are flowing over. (In actual case migrants and the flow of Fent is about 1% the amount that's crossing at the Mexico border but he needs an excuse) \n \nHe therefore puts 25% tariffs on us. Those tariffs will hit Canada harder than the 2008 financial crisis just for scale. \n \nOh and also for the most part American Refineries literally cant process any other oil than ours or Venezuela's because its thicker so tariffs on our oil will also really increase the priced of energy in the states by a huge amount just for the LOLs. As we've seen during the post covid recovery, since gas is priced in to the supply chain at every step (Manufacturing, transportation...etc), any increase at the pump will snowball into higher costs for everything at the store, on top of the extra cost of the tariffs on consumers. (Since every step will need to add it into their markup.)

The news peole need to get their heads out if their a---s. fentenyl was just an excuse to for the pumpkin to put tarriffs on Canada andMexico to hide the fact he and his rich friends are robbing the country blind. No body wins in a trade war.trump has been inflating the amount of the deficit andnot taking onto account the services Canada also buys from the USA and the fact that we despite having a much smaller population is their best customer. Behind all this.the USA might check out what Trump and Putin have up their sleeves for Americans in the coming days

If Canada really was our friends, we wouldn’t run trade deficits with them yearly. See, that’s not being our friend. That’s us being suckers and losers.

Friends and allies don’t screw their neighbors with massive trade deficits. Equal is equal. Deficit is deficit. Words have meanings.

Love Canada!❤ But lets be real. The trade deficit is the problem. There is a change now, the USA has been drained dry because of Biden. So, when you allow 1 item into Canada from the USA but our borders are open to you to send 5 items of yours. Not fair anymore. So fair is fair!

The trade deficit is because of crude oil which the US buys cheaper from Canada btw and keeps their economy running. Fentanyl and the trade deficit are no good reasons to begin a trade war with Canada. I am beginning to think that he just wants to please Russia... or he is just dumb.

A trade deficit occurs when you sell trinkets that no one wants or trinkets of poor quality. Next steps. Restrict people who come from no vax/raw milk regions from entering Canada; Hold military exercises in Canada with EU, Mexico, Columbia, Brazil; Close the Detroit border crossing for 3 days (thousands of amurucans work in Ontario), Restrict electricity exports to NY and MN; Restrict Canadian air space; Alaska no fly zone; Increase landing fees at YYZ and YVR. . Remember 1814 and Lundy`s Lane.

la fin de la guerre en ukraine, les quebecois pourront remplacer les amercains en ukraine et envoyer un million dhommes et de femmes au front russe combattre la russie, la guerre est finie...tant qu au tarifs ils devraient etre pegge au taux de change du dollar canadien soit autout de 44% pas juste 25% trump est trop mou pas assez de courage on a un trade deficit de 1.2 trillion ca ne disparaitra pas tout seul...et la la haine des amerciians va accenturer le retour des entreprises amerciianes dans l automobile aeronotique comme GW pratt and withney ibm bromont tout cela s en va..tout comme cuba vous entrez dans un cycle d epuration et de transformation anti capitaliste..

This is amazing. This prime minster talks as if Canada did nothing wrong and US decided to bully them for no reason. If everything's fine and dandy, we wouldn't have done this. Trump did what he did because of \n\n1. Drug trafficking from north + illegal emigrants\n2. Unfair trade deficit in times when our national debt is unsustainably high. \n\nWhy so high? Because we've been giving Canada SURPLUS for decades. Can't do that no more because we have to save our country now. Don't mischaracterize this move, fools.

everybody that says they stand with Canada go live there. How do we have a trade deficit with Canada.

I have no idea what state democracy is in now. What kills me is that before creating tariffs, not once has the Administration shown us numbers as to why? They talk about the trade deficit, but never back up what they say and then we have to put up with high inflation and prices.

Cars, parts, food etc are not manufactured in Canada for the cheaper labor - it is just as expensive there. Making some things there was just more efficient, and therefore a good business decision, and then there are the resources they provide to the USA, the oil alone is responsible for the trade deficit. Dump is just wrong here, but he has no contrary advisors, only bobbleheads who nod in agreement.

The reality is: the US has reached a record high trade deficit with Canada. This deficit has grown steadily since 1976 (today it is just shy of $100 billion - meaning the US purchases $100 billion more worth of goods from Canada than Canada does from the US). The US imposing tariffs on Canada is a tactic to incentivize US companies who import goods from Canada to move manufacturing/production sourcing back to American soil. This promotes investment and expansion into the US economy. It will also incentivize Canada to commit to investing in the US economy. This would be a negotiation move by Trudeau: we (Canada) will commit to purchasing $25 billion (for example) dollars more of goods from the US if you agree to reduce the tariffs you've imposed on us to blank (maybe 5%). This is likely the end goal Trump is aiming for in the long run.

Miss plaki Sharma those who are under trade deficit dont negotiate \nThey are some tariffs away from , and become non negotiable at all \nNo 5 on economy based on gdp doesnt make any status for visas\nWhy u r adding only economic factor but not behavioral factors

Trump says EU tariffs will ‘definitely happen’ as Mexico, Canada and China retaliate \nTrump takes softer line on UK, saying ‘I think that one can be worked out’, while Mexico and Canada vow levies and to strengthen ties with each other \n \nPhilip Wen, Léonie Chao-Fong and agencies \nMon 3 Feb 2025 03.57 GMT \nShare \nDonald Trump has threatened to widen the scope of his trade tariffs, repeating his warning that the European Union – and potentially the UK – will face levies, even as he conceded that Americans could bear some of the economic brunt of a nascent global trade war. \n \nIt comes as Trump’s tariffs on Mexico, Canada and China, announced on Saturday, sparked retaliation from all three countries. Mexico and Canada have vowed levies of their own while China and Canada are seeking legal challenges. \n \nTrump said on Sunday night that new tariffs on the EU will “definitely happen”, repeating previous complaints about the large US trade deficit with the bloc and his desire for Europe to import more American cars and agricultural products. \n \nEmpty shelves remain with signs ''Buy Canadian Instead'' after the top five US liquor brands were removed from sale at a British Columbia liquor store in Vancouver. \nAsian sharemarkets tumble in response to Trump tariffs \nRead more \n“It will definitely happen with the European Union, I can tell you that,” he told reporters. “I wouldn’t say there’s a timeline but it’s going to be pretty soon.” \n \nTrump appeared to take a softer line on the UK, citing a good relationship with prime minister Keir Starmer while saying tariffs still “might happen”. “The UK is out of line but I’m sure that one, I think that one can be worked out,” he said. \n \n“Well Prime Minister Starmer’s been very nice, we’ve had a couple of meetings, we’ve had numerous phone calls, we’re getting along very well, we’ll see whether or not we can balance out our budget.” \n \nIn Canada, the department of finance published a list of US products imported into Canada that it will target with a 25% retaliatory tariff starting on Tuesday. \n \nThe list shows products that will be hit in the first round of retaliatory tariffs by Canada starting on Tuesday, and mounts to $30bn Canadian dollars’ worth of goods (about US$20bn). The impacted products include tobacco, produce, household appliances, firearms and military gear. \n \nCanada is also preparing for a second, broader round of retaliatory tariffs in 21 days that will target an additional C$125bn (US$86bn) worth of US imports. The second list would include passenger vehicles, trucks, steel and aluminum products, certain fruits and vegetables, beef, pork, dairy products and more. \n \nFILES-US-CANADA-MEXICO-CHINA-TRADE-TARIFFS<br>(FILES) US President Donald Trump speaks to the press after signing an executive order in the Oval Office of the White House in Washington, DC on January 31, 2025. Trump is imposing steep tariffs on major US trading partners Canada, Mexico and China, with a lower rate on Canadian energy imports, said the White House on February 1, 2025. Washington will impose a 25 percent levy on imports from Canada and Mexico, with a 10 percent rate on Canadian energy resources, until both work with the United States on drug trafficking and immigration. Goods from China, said the White House, would face 10 percent tariffs. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images) \nTop Democrats warn tariffs will hit Americans hard as Trump says it’s ‘worth the price’ \nRead more \nClaudia Sheinbaum, Mexico’s president, said her government will provide more details on the retaliatory tariffs she ordered on US goods on Monday. Sheinbaum, in a statement on Sunday, said she will announce details on her government’s “plan B” as she insisted that Mexico “doesn’t want confrontation”. \n \n“Problems are not addressed by imposing tariffs, but with talks and dialogue,” she said. “Sovereignty is not negotiable: coordination yes, subordination no.” \n \n'Coordination yes, subordination no': Mexican president responds to Trump's tariffs – video \nSheinbaum and Canadian prime minister Justin Trudeau spoke by phone on Saturday after Trump’s administration imposed the new tariffs – 25% on goods from Canada and Mexico, with a lower rate of 10% for Canadian oil, and 10% on imports from China. \n \nTrudeau’s office said in a statement that Canada and Mexico agreed “to enhance the strong bilateral relations” between their countries. Canadian officials have had extensive dialogue with their Mexican counterparts, but a senior Canadian official said he would not go as far as to say the tariff responses were coordinated. \n \n“Now is the time to choose products made right here in Canada,” Trudeau posted Sunday on X. “Check the labels. Let’s do our part. Wherever we can, choose Canada.” \n \nTrump acknowledged the sweeping tariffs he has imposed on Mexico, Canada and China may cause “short term” pain for Americans as global markets reflected concerns the levies could undermine growth and reignite inflation. Asian markets, cryptocurrencies and US and European stock futures slumped in early Asian trading on Monday. \n \n“We may have short term some little pain, and people understand that. But long term, the United States has been ripped off by virtually every country in the world,” he said. day, Trudeau said: “We’re certainly not looking to escalate, but we will stand up for Canada.” However on Sunday evening, a senior government official from Canada briefing reporters in Ottowa on condition of anonymity said: “We will obviously pursue the legal recourse that we believe we have through the agreements that we share with the United States.” \n \nThe official said the Canadian government considered the move by Trump illegal and said it violates the trade commitments between the two countries under their free trade agreement and under the World Trade Organization. \n \n“If other legal avenues are available to us, they will be considered as well,” the official said. \n \nCanada is the largest export market for 36 states, and Mexico is the largest trading partner of the US. \n \nCanada and Mexico ordered the tariffs despite Trump’s further threat to increase the duties charged if retaliatory levies are placed on US goods. \n \nChina also said it would file a lawsuit against the tariffs. The imposition of tariffs by the US “seriously violates” World Trade Organization (WTO) rules, China’s commerce ministry said in a statement, urging the US to “engage in frank dialogue and strengthen cooperation”. \n \nFiling a lawsuit with the WTO would be a largely symbolic move that Beijing has also taken against tariffs on Chinese-made electric vehicles by the EU. \n \nThe commerce ministry also said the tariffs were “not only unhelpful in solving the US’s own problems, but also undermine normal economic and trade cooperation”. China has said it would take countermeasures to “safeguard its own rights and interests”. It is not clear exactly what form these will take yet. But for weeks Chinese foreign ministry spokesperson Mao Ning has said Beijing believes there is no winner in a trade war. \n \nLate Sunday night, Trump said he would speak with Trudeau on Monday morning and shortly after said he would speak with Mexico as well, although he did not specify that he would speak with Sheinbaum. \n \nBeyond the official response, people were already thinking of ways to cope with Trump’s decision, including by sharing suggestions on social media for alternatives to US products. \n \nCanadian hockey fans booed the US national anthem on Saturday night at two National Hockey League games. The booing continued on Sunday at an NBA game in Toronto where the Raptors played the Los Angeles Clippers. \n \nFrom left to right, Toronto Raptors forwards Bruce Brown, Scottie Barnes and Chris Boucher react as fans boo the United States national anthem before NBA basketball game action against the Los Angeles Clippers in Toronto, Sunday, Feb. 2, 2025. (Frank Gunn/The Canadian Press via AP) \nToronto Raptors fans boo US national anthem after Donald Trump tariffs \nRead more \nOne fan at the Raptors game chose to sit during the anthem while wearing a Canada hat. Joseph Chua, who works as an importer, said he expects to feel the tariffs “pretty directly”. “I’ve always stood during both anthems. I’ve taken my hat off to show respect to the American national anthem, but today we’re feeling a little bitter about things,” he said, adding that he will start to avoid buying US products. \n \nIn the streets, people in Mexico were trying to absorb the announcement on Sunday, although some in the capital acknowledged that they were unaware of the measures. \n \nIn the border city of Mexicali, across from Calexico, California, some people were concerned about the wider implications of a trade war. \n \nDriver Alejandro Acosta says that he crosses the border weekly in his truck to deliver vegetables to US companies. He said he fears US businesses in the Mexicali Valley will no longer want to operate in Mexico and they will move to the US. \n \n“If they raise taxes on the factories here, jobs may also decrease,” he said.

Tariffs are consumer taxes on imports, collected from your own citizens, whenever they buy products or services from other countries. Trump said he would reduce taxes. He told voters other countries paid for Tariffs. They Don’t. They just lose sales, due to diminished demand. Tariffs are another way for the US government to tax its own people and reduce its trade deficit . It’s probably about time. USA has had a trade deficit every year, since 1970.

Retaliate? We have a $157 billion trade deficit with Mexico alone?

In 2024, the trade deficit between the United States and Canada was $45 billion. According to recent data, Mexico's trade deficit in 2024 is reported to be around $8.2 billion. Let's fix that too.

Let the conversation regarding the American trade deficit with Canada of $41 billion (USD in 2023) begin.

With reciprocal tariffs of 25%, the US is the winner, having a trade deficit of about 55 billion dollars in 2024 with Canada. That is, exports of Canadian products to the US are significantly higher than imports of US products to Canada.