America's trade imbalance with Canada is basically crude oil. Which they get at a significant discount because it's much more expensive to export anywhere else.

America then refines it and exports it as finished product or uses it internally -- one of the reasons why America has relatively cheap gasoline prices.

This "trade imbalance" is a massive benefit to America.

> Does the US have a trade imbalance that causes problems, particularly in our manufacturing sector?

I have a trade imbalance with the local grocery store: I buy lots of vegetables, but they don't buy mine.

My employer has a trade imbalance with me: They buy lots of my labor, but I never buy any of theirs.

The term has become unhelpfully pejorative, the "imbalance" is often desirable and beneficial.

Its all a precursor to setting up a reason to invade Canada. If Canada moves on with a threat to do something with energy then buckle up.

Every side benefits from a trade. That's why the trade is made. The US is able to afford a trader imbalance because the USD is the world's reserve currency. Other countries are subsidizing our trade imbalance. It's a huge win for the US.

Tariffs will not bring back manufacturing. They increase prices of inputs, reduce incentive for competitiveness and invite retaliation. Look how well tariffs have worked for Brazil and Argentina or for the US under Smoot Hawley.

I mostly agree, except that trade imbalances are not problems and don't really cause problems.

Buying and selling don't need to be equal between buyers and sellers, and it's really just an incoherent idea.

As an American, I don't see see how you can separate this trade talk from the constant, explicit threats to Canadian sovereignty by Trump - threats he's carried out in reality against Iran, Venezuela, and Cuba. And now economically against Canada.

It isn't just "which Americans consider trade with Canada to be a real issue," it is "which Americans think Canada should become a territory of the United States."

It's just plainly absurd. It is inexplicable to me that Congress doesn't act. And infuriating to me that my representatives in Congress don't do more (even though they are in the opposition.)

at this point one can't really assume it was about picking a tariff fight with Canada any more than the Gaza peace plan was about bringing peace to Gaza. guy is just a shit-thrower. that's his one move, throw some shit and see what he can get out of it. walk into a restaurant and claim that he's been treated so badly they're going to have to sign the whole thing over to him, and settle for 10 free meals and a pack of steaks from the walk-in.

But does America have a trade imbalance with Canada?

Canada has things that our economy needs desperately (e.g. potash).

It became an issue when Canada did not bow down to Trump's 51st state demand. With Trump's vindictive nature and narcissistic disorder, you get this situation. It is actually completely unsurprising if you think about it.

> Really, you need to instill some sort of sense of duty to country in business leaders, which is a far heavier lift, but this at least puts a number to it.

The bigger problem is, when consumers have the choice between cheap crap from Aliexpress et al and (vastly) more expensive made-in-<own country>, usually only the affluent who want to show off will be able to choose the latter.

And that is a socially explosive thing in the long term... the masses, especially the rural ones, really do not like it if they feel that they can only afford subpar crap while the "rich urban librul elite" gets access to the good stuff.

That is the stuff that in the best case fuels populist movements, in the worst case revolutions.

(And on top of that, often enough "made-in-<own country>" is bordering the legally required limit on domestic production or is outright just slapping a label and repackaging the Thing)