Does the U.S. subsidize Canada?

News Snapshot:

Jeremie Charron breaks down Canada’s trade relationship with the U.S. and how it could be impacted by the looming tariffs. Is it a $100 billion or $200 billion trade deficit, or is it a subsidy? U.S. President Donald Trump has made various and repeated claims about his country’s trade relationship with Canada to justify his tariff threats. “Canada’s been very tough to deal with over the years,” said Trump on Thursday in a virtual address to the World Economic Forum in Davos, Switzerland. “It’s not fair that we should have a $200 billion or $250 billion deficit.” He has repeatedly...