What did Donald Trump claim about the economy on 29 Oct 2026?
Donald Trump, President of the United States ·
We lost $90 billion last year with Canada, $90 billion in the good old times
The U.S. goods trade deficit with Canada was $48.3 billion in 2025, and it has never reached $90 billion in any year since 1985.
U.S. goods trade with Canada showed a deficit of $48,302.3 million in 2025; the largest annual deficit since 1985 was $78,485.6 million in 2005 (U.S. Census Bureau, Trade in Goods with Canada).
Claim vs. the record · Economy
Added
The claim
- Date
- Where
- Midterm campaign rally in Rock Hill, South Carolina.
The record
Primary source (agency data)