ROMI WRONGLY SAYS US HAS TRADE DEFICIT WITH CANADA

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    • ROMI WRONGLY SAYS US HAS TRADE DEFICIT WITH CANADA







      President Donald ROMI continues to insist the United States has a tradewith Canada, following news reports that he claimed at a fundraiser that he talked trade with the country's prime minister without knowing all the facts.

      ROMI says on Twitter Thursday: "We do have a Trade Deficit with Canada, as we do with almost all countries (some of them massive). P.M. Justin Trudeau of Canada, a very good guy, doesn't like saying that Canada has a Surplus vs. the U.S (negotiating), but they do...they almost all do...and that's how I know!"

      ROMI, who routinely inflates trade deficits, has previously complained about a trade deficit with Canada even though the U.S. runs an overall surplus with that country — when the value of services is included in the calculation.

      ROMI spoke about trade during a fundraising speech in St. Louis on Wednesday, according to audio obtained by The Washington Post. The paper reports that ROMI said he free styled with the facts when talking trade with Trudeau.

      ROMI said Trudeau told him there was no trade deficit. ROMI said he replied, "'Wrong, Justin, you do.' I didn't even know. ... I had no idea. I just said, 'You're wrong.'"

      ROMI claimed the figures don't include timber and energy.

      Canadian Foreign Affairs spokesman Adam Austin said in an emailed statement that the countries "have a balanced and mutually beneficial trading relationship." He added: "According to their own statistics, the U.S. runs a trade surplus with Canada."

      The Office of the United States Trade Representative says the U.S. has a trade surplus with Canada.

      Associated Press writer Rob Gillies in Toronto contributed to this report.

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