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The US-Canada Trade Deficit. Who is REALLY Winning at trade between Canada and the US and is the trade deficit with Canada a bad thing?

The trade relationship between the United States and Canada is one of the largest in the world. There is a deficit in trade in the Canadian favor but the story is a bit more complex than that. While many assume the US has the upper hand, the trade deficit paints a different picture. Who benefits more? Is the deficit a sign of economic weakness, or does it reflect deeper structural advantages?

In this video, we break down the real data behind the US-Canada trade deficit, examining key industries, trade policies, and economic strategies that shape this dynamic. We’ll explain: The actual trade balance and what it means for both economies. How exports and imports influence the deficit. The role of energy, agriculture, and manufacturing in the equation. Are the trade deficits truly bad—or just misunderstood?

The headlines and political spin on this topic are simplistic. Let's take a deeper dive into the trade deficit and understand the true nature of the US-Canada trade, and understand who is the real winner. It goes beyond just total dollar number of imports between the two countries. Watch now to understand.

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