Trump Says U.S. Lost $60 Billion a Year to Canada, Vows It Ends Now

Trump Says U.S. Lost $60 Billion a Year to Canada, Vows It Ends Now

Trump claims the United States lost an average of $60 billion annually in its trade with Canada over the past decade and warns the losses will stop.

Richard Miniter
First Published: August 25, 2026, 10:06 AM ET

Donald Trump said the United States lost an average of $60 billion a year in trade with Canada over the past decade, and he vowed the losses would end.

The claim came in a post on Trump’s truthsocial account, where he framed the figure as a running annual loss and pledged a reversal.

Here is the full post on truthsocial: “Over the last 10 years, the United States lost, on average, 60 Billion Dollars a year with Canada. No more! President DJT” on August 25, 2026 at 10:00 AM ET.

President Donald J. Trump posted a message on social media at Washington D.C.
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President Donald J. Trump posted a message on social media at Washington D.C.

Molly Riley / The White House

This is Trump’s 6th message released today, and the last post was 20 minutes ago, and it is not part of a thread. On average, Trump produces 18 posts per day since his inauguration on January 20, 2025. The move fits a broader pattern in Trump’s recent messaging, with 13 of his 604 posts over the last 30 days classified as Tariffs posts.

The post did not detail how the figure was calculated or specify tariffs, quotas, or any other measure to change the balance. Trump attributed the number to trade with Canada over a 10-year span and offered no supporting data in the message.

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