Fair Trade is now to be called Fool Trade if it is not Reciprocal. According to a Canada release, they make almost 100 Billion Dollars in Trade with U.S. (guess they were bragging and got caught!). Minimum is 17B. Tax Dairy from us at 270%. Then Justin acts hurt when called out!
— Donald J. Trump (@realDonaldTrump) June 11, 2018
According to the Office of the United States Trade Representative website, in 2017 when calculating both good and services combined the U.S. has a “goods and services,” trade surplus with Canada was $8.4 billion dollars.
The $17 billion deficit with Canada is based on only goods, “The U.S. goods trade deficit with Canada was $17.5 billion in 2017.
Why should I, as President of the United States, allow countries to continue to make Massive Trade Surpluses, as they have for decades, while our Farmers, Workers & Taxpayers have such a big and unfair price to pay? Not fair to the PEOPLE of America! $800 Billion Trade Deficit…
— Donald J. Trump (@realDonaldTrump) June 11, 2018
The United States Census Bureau states the overall trade gap is $568.4 Billion when you combine goods and services.
A deeper look at the numbers, Census Bureau
….And add to that the fact that the U.S. pays close to the entire cost of NATO-protecting many of these same countries that rip us off on Trade (they pay only a fraction of the cost-and laugh!). The European Union had a $151 Billion Surplus-should pay much more for Military!
— Donald J. Trump (@realDonaldTrump) June 11, 2018
….Germany pays 1% (slowly) of GDP towards NATO, while we pay 4% of a MUCH larger GDP. Does anybody believe that makes sense? We protect Europe (which is good) at great financial loss, and then get unfairly clobbered on Trade. Change is coming!
— Donald J. Trump (@realDonaldTrump) June 11, 2018
NATO is funded in two ways, direct and indirect funding, according to NATO’s website, the direct funding of NATO is split up into three categories.
- Civil
- Military
- NATO Security Investment Programme (NSIP)
U.S funds about 22% of NATO’s “common funding, while Germany funds about 14%, the U.K. and France about 10%
For an a closer look at NATO’s budget, NATO Defense spending.
Great to be in Singapore, excitement in the air!
— Donald J. Trump (@realDonaldTrump) June 11, 2018
Historic summit between President Trump and North Korea’s Kim Jong Un set to take place in Singapore. Watch @ABC News coverage beginning tonight at 7pm ET on https://t.co/fv9yaoXZZw or your favorite streaming device.
Latest updates: https://t.co/Nku29932Zg pic.twitter.com/xrZl7QPBPa
— ABC News (@ABC) June 11, 2018
NEW: @FoxNews video of Kim Jong Un at @marinabaysands in #Singapore during his night time tour of the city. Video: Rosie Melville pic.twitter.com/9lgt8L8CNb
— Fin Gomez (@finnygo) June 11, 2018
Dennis Rodman arrives in Singapore ahead of planned #TrumpKimSummit pic.twitter.com/ktZgaDErU8
— Fox News (@FoxNews) June 11, 2018
Sorry, we cannot let our friends, or enemies, take advantage of us on Trade anymore. We must put the American worker first!
— Donald J. Trump (@realDonaldTrump) June 11, 2018
Fact check: Here are the actual numbers surrounding the trade tiff between the U.S. and Canada.
Watch @SRuhle explain. pic.twitter.com/Dyj7gW0G8c
— MSNBC (@MSNBC) June 11, 2018
Thank you Prime Minister Lee Hsien Loong! pic.twitter.com/8MMYGuOj8Q
— Donald J. Trump (@realDonaldTrump) June 11, 2018
