Trump vs. Trudeau: Both Right, Both Wrong : Planet Money Trump says we have a trade deficit with Canada. He's right... and he's also wrong.
NPR logo Trump vs. Trudeau: Both Right, Both Wrong

Trump vs. Trudeau: Both Right, Both Wrong

President Trump recently had a disagreement with Canadian Prime Minister Justin Trudeau. Trump says the U.S. has a trade deficit with Canada, Trudeau says it's a trade surplus.

Today on the show we explain how it's possible for both men to be right and wrong at the same time. It turns out that sometimes statistics is more art than science.

Links:

Comparing Canadian and U.S. Bilateral Trade In Goods Data
Is Trump Right About Trade With Canada? It Depends Who You Ask

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