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Trump’s Economic Advisers Say He’s Wrong About Cross-Border Deficit

(Daniel Dale – Toronto Star)

U.S. President Donald Trump has said over and over that the U.S. has a trade deficit with Canada. Over and over, Prime Minister Justin Trudeau and other Canadian officials have said he’s incorrect.

Now Trump’s own economic advisers have revealed that they also think Trump has it wrong.

This week, Trump’s White House released the Annual Report of the Council of Economic Advisers. The council is a group of three economists appointed by Trump to give him economic advice; its annual report offers an analysis of the performance of the U.S. economy.

And it simply says, in passing, that the U.S. has a surplus with Canada. Click here to read more.

Related: White House Signals New Trade Deals Must Help Those Left Behind (Bloomberg)