Over the last 10 years, the United States lost, on average, 60 Billion Dollars a year with Canada. No more!
- Speaker
- Donald J. Trump
- Statement date
- 25 August 2026
- Location or event
- Truth Social post during U.S.-Canada trade dispute
Mostly false
High confidenceAI-assessed confidence, not a measured probability. What this means
Using the 10 completed calendar years from 2016 through 2025, the U.S. goods-trade deficit with Canada averaged approximately $38.5 billion per year, not $60 billion. The claim is also ambiguous because it does not specify goods trade alone or goods-and-services trade; in 2025, the U.S. goods deficit was partly offset by a $28.9 billion services surplus.
- The statement does not specify whether it refers to goods trade alone or to goods and services combined.
- The calculation uses completed calendar years 2016–2025; a trailing 10-year period ending August 25, 2026 would include partial-year data and would require a different calculation.
- Trade-balance figures can be revised as statistical agencies update their data.
What we checked
Claims
-
01
The United States ran a trade deficit with Canada in every completed year from 2016 through 2025.
U.S. Census Bureau annual goods-trade data show a negative U.S. balance with Canada in each year from 2016 through 2025.
True [2] -
02
The average annual U.S. trade deficit with Canada over 2016–2025 was $60 billion.
The annual goods deficits sum to approximately $384.8 billion over 2016–2025, producing an average of approximately $38.5 billion per year.
False [2] -
03
The $60 billion figure is supported by the combined goods-and-services trade balance.
The statement does not define its measure. For 2025, the U.S. goods deficit with Canada was $46.4 billion, while the U.S. services balance was a $28.9 billion surplus, implying a much smaller combined deficit of about $17.5 billion that year.
Mostly False [1]
What the record shows
Key facts
- Supports the claim
- Contradicts the claim
- Adds context
-
The U.S. goods-trade balances with Canada were approximately -$11.0 billion in 2016, -$16.3 billion in 2017, -$18.8 billion in 2018, -$25.8 billion in 2019, -$13.8 billion in 2020, -$47.7 billion in 2021, -$78.3 billion in 2022, -$63.6 billion in 2023, -$61.2 billion in 2024, and -$48.3 billion in 2025.
[2] -
The calculated average goods deficit for 2016–2025 is approximately $38.5 billion per year.
[2] -
In 2025, the U.S. goods trade deficit with Canada was $46.4 billion, and the U.S. services trade surplus was $28.9 billion.
[1] -
The phrase “over the last 10 years” is ambiguous; this report interprets it as the 10 completed calendar years 2016–2025 rather than the incomplete year ending August 25, 2026.
Evidence trail
Sources
-
01
ustr.gov
ustr.gov · Accessed
-
02
census.gov
census.gov · Accessed
Links are shown exactly as returned by the research step. FactifAI does not treat AI-generated text as a source.
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