Trump, who has imposed 25% tariffs on almost all products imported from Canada, has repeatedly said this year that the US has a “$200 billion” trade deficit with Canada – sometimes making the claim explicitly and sometimes using vaguer language about a supposed $200 billion subsidy or loss to Canada.

This move risks disrupting global trade, harming key economic partners, and creating unnecessary uncertainty,” says EU executive, expressing solidarity with “close allies” Canada and

President Donald Trump signed an executive order on Friday limiting who is eligible to benefit from the Public Service Loan Forgiveness program.