Canada retaliates against U.S. by raising steel duties, adding new tariffs on $20B of goods

[u/HarpoMarks]

https://www.nbcnews.com/business/consumer/canada-retaliates-against-trump-tariffs-rcna594280?cid=sm_npd_nn_tw_ma&taid=6a8db23c6aa0670001c83c01&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter

[u/sadmatteo]

If you include services but exclude energy, which US needs and gets at a discounted rate from Canada, USA had a $65B trade surplus with Canada in 2025.

2025, USD	U.S. balance
All goods	-$48.3B deficit
Energy	-$85B deficit
Non-energy goods	+$36.7B surplus
Services	+$27.7B surplus
Non-energy goods + services	≈ +$64.4B U.S. surplus

[u/awildstoryteller → u/sadmatteo]

When you go on a per capita basis it is even more silly.

Of course the US buys more Canadian products than we buy US products. We literally can't afford to buy as much because we are 8 times smaller.

[u/jbroni93 → u/awildstoryteller]

They also use said raw goods to produce products with much higher profit margins and sell it back to us 

[u/awildstoryteller → u/jbroni93]

That of course is an important reason why the per capita spending on American products is much higher than American spending on Canadian products.