Is Trump right about the U.S. 'subsidizing' Canada? | About That
www.youtube.comDonald Trump has repeatedly claimed the United States is 'subsidizing' Canada 'to the tune of $100B.' Where does that number come from? And is Canada really ...
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No, he isn’t.
The US economy is a huge leech on the world.
That is like asking if the Kardashians were subsidizing the LA water supply.
Really starting to feel like 2025 is the year before subsidized time…
To those down voting:
CBC’s About That series is excellent at doing a deep dive on an issue. It makes it easier to discuss the topics with other people
Trump is wrong, and it’s helpful to know why
Betteridge’s law of headlines strikes again.
A trade deficit isn’t a subsidy.
If I sell spoons and you sell water, I’m going to buy more water from you thank you’ll buy spoons from me.
I have an ongoing need to buy your water, your need for spoons is finite.
In no comprehension of trade is a deficit a subsidy.