General Discussion

Sibelius Fan

(24,677 posts) Wed Apr 2, 2025, 04:51 PM Apr 2

Our "trade deficit" with Canada explained

There are 42-million Canadians who can purchase American goods.

There are 330-million American who can purchase Canadian goods.

Trade deficit explained.

5 replies

= new reply since forum marked as read

Highlight:

Our "trade deficit" with Canada explained (Original Post) Sibelius Fan Apr 2 OP

That's a big part of it...nt Wounded Bear Apr 2 #1

Unless every Canadian commits to buying 8 of everything - cars, appliances etc - America has to offer Sibelius Fan Apr 2 #2

There is a negative connotation usually applied anciano Apr 2 #3

Exactly canetoad Apr 2 #4

Trump says US has everything it needs Jarqui Apr 2 #5

Wounded Bear

(61,691 posts)

1. That's a big part of it...nt

Reply to Sibelius Fan (Original post)

Wed Apr 2, 2025, 04:52 PM

Apr 2

Sibelius Fan

(24,677 posts)

2. Unless every Canadian commits to buying 8 of everything - cars, appliances etc - America has to offer

Reply to Wounded Bear (Reply #1)

Wed Apr 2, 2025, 04:55 PM

Apr 2

there is no way the trade deficit will zero out.

anciano

(1,745 posts)

3. There is a negative connotation usually applied

Reply to Sibelius Fan (Reply #2)

Wed Apr 2, 2025, 05:18 PM

Apr 2

to the term "trade deficit". It is not inherently a bad thing, it doesn't need to balance out. For example, I have a trade deficit with the local supermarket, but that doesn't mean I should quit buying food.

canetoad

(18,860 posts)

4. Exactly

Reply to anciano (Reply #3)

Wed Apr 2, 2025, 05:22 PM

Apr 2

It's not a debt.

Jarqui

(10,620 posts)

5. Trump says US has everything it needs

Reply to Sibelius Fan (Original post)

Wed Apr 2, 2025, 05:54 PM

Apr 2

If US stopped buying Canadian energy, US would have a trade surplus on goods with Canada like it does with services. Canada is one of the biggest consumers of US goods.

If Trump wanted to correct the trade deficit with Canada, all he had to do was to stop purchasing energy from Canada that Trump says the US does not need.

Simple.

But like Trump's bogus complaint about fentanyl crossing from the Canadian border, it is not really about a trade deficit.

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