8 Hrs
Source:
اقتصاد سكاي نيوز عربية
Oil and trade data challenge Trump's claim
U.S. President Donald Trump affirmed that the United States does not need Canada, despite depending on Canadian oil imports amounting to 4 million barrels daily, as well as supplies of industries, aluminum, potash, and auto components. Nevertheless, Trump imposed a 50% tariff on Canadian aluminum, even though he acknowledged the insufficient availability of aluminum domestically. These statements reveal the profound interconnectedness between the American and Canadian economies, as the two countries exchanged goods and services worth $872 billion last year. Canadian oil remains a primary source for meeting the needs of the American market.
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