In a fundraising speech on Wednesday, US President Donald Trump boasted about having made up facts in a meeting with Justin Trudeau, according to the Washington Post.
Trump had said that the US runs a trade deficit with Canada, without knowing whether that was true or not. In fact, according to The Office of the United States Trade Representative says that the US has a trade surplus with Canada.
Trump has repeatedly attacked major allies and global economies, including the EU, China, Japan and South Korea, for being unfair in trade practices and “ripping off” the United States. He also said that NAFTA (the North American Free Trade Agreement) is a disaster for the US economy.
This comes after repeated promises from Trump that he will impose tariffs on steel and aluminium imports soon, which could affect some of the largest trading partners of the US and which caused these partners to warn that this move might lead to retaliation and a trade war that won’t benefit anyone.