Trump Wants To Tax The Trade Deficit — He Forgot It’s 100% Driven By Canadian Oil

On July 16, 2026, US Trade Representative Jamieson Greer stood at the Aspen Security Forum and accidentally dismantled Donald Trump's entire trade argument with Canada in a single sentence. He confirmed that the US trade deficit with Canada is largely driven by oil imports — and that without energy, the US actually runs a SURPLUS with Canada. This video breaks down exactly what that admission means, what the oil numbers actually show, why Midwest refineries cannot simply switch suppliers, and why the tariff strategy built around closing the deficit is mathematically raising costs for American consumers rather than fixing the problem it was designed to address. #Canada #Trump #TradeDeficit #CanadianOil #TradeWar #Tariffs #MarkCarney #CanadaUS #Energy #OilSands #WCS #Midwest #AmericanRefineries #CUSMA #NorthAmerica #Geopolitics #Economics #CanadaStrong #TransMountain #BreakingNews