Trump keeps saying we're spending $200 billion a year to subsidize Canada.

But for fact's sake, that is not remotely true.

It's not even clear what he's talking about.

He might be talking about the trade deficit.

But last year, America's trade deficit with Canada in goods and services was only about $45 billion.

Even when you look at just the goods,

the deficit was $63 billion. But there is a bigger problem. This is not a subsidy to begin with.

And I want you to think about this. Think about this administration for a moment. It is filled

with the wealthiest group of businessmen we have ever seen in any modern White House.

Yet not a single one of them has explained to the president that when the richest country in the world,

that's us, buys more stuff from other countries than they buy from us.

It's not a subsidy.

We want and need the stuff that those other countries make.

We don't have the resources to make everything in America or we've chosen not to. Part of capitalism

is American companies making choices about whether or not they would rather produce things here

or import them from other countries. Importing is not necessarily a bad thing.

A trade deficit is not necessarily a bad thing.

And the businessmen surrounding the president in this White House, they know that.

But they appear to have no interest in telling him,

which leaves our economy in the hands of someone who apparently wants to isolate America

as the rest of the world economy is moving on without us.

These cases involving the administration and immigration policy.

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