Trump’s attack on the so-called Canada subsidy appears to be a reference to the U.S. trade deficit with its northern neighbor. A trade deficit means that the U.S. has purchased more goods and services from Canada than Canada has purchased from the U.S.; the U.S.-Canadian deficit was over $50 billion in 2022.

Eric Trump, the son of U.S. president-elect Donald Trump, shared an image of his dad ‘buying’ Canada, Greenland and the Panama Canal on Amazon. The post on X follows several recent comments made by Donald Trump about Canada becoming the U.