Except that having a trade deficit isn't necessarily a bad thing. Not to mention that we actually have a trade surplus with Canada.
http://fortune.com/2018/06/09/donald-trump-trade-deficit-terrified-g7-speech/
http://fortune.com/2018/03/07/biggest-us-trade-partners/
The amount of money Trump is saying the U.S. “lost” is the trade deficit – the amount by which the goods and services Americans bought internationally exceeds the amount they sold to other countries. But the number he’s citing is itself is fundamentally inaccurate. Trump has previously cited an $800 billion trade deficit more than 50 times, according to the New York Times. But whether $800 billion or $817 billion, Trump’s number only includes trade in goods, excluding services. That distortion seems to represent a belief within the administration that manufacturing and farming are inherently better economic activities than providing services. This ethos would seem to align with the concerns of Trump’s domestic political base.But it doesn’t match the reality of America’s position as a global leader in high-value services including finance, engineering, education, and telecommunications. In fact, the U.S. has a global surplus in service exports – Americans sell more to other countries than they buy from them. Once they’re added back to the tally, the overall U.S. trade deficit drops to $566 billion – 30% lower than Trump’s number. In some specific countries, such as Canada, Trump can only claim there’s a bilateral trade deficit at all because his numbers exclude services. In reality, the U.S. has a trade surplus with Canada.
What country does the US have the largest trade deficit with?
China – $375.2 billion
Mexico – $71.1 billion
Japan – $68.8 billion
Germany – $64.3 billion
Vietnam – $38.3 billion
Ireland – $38.1 billion
Italy – $31.6 billion
Malaysia – $24.6 billion
India – $22.9 billion
South Korea – $22.9 billion