After Canada failed to strike a trade deal with Washington, the president raised tariffs on some Canadian exports this week.

President Donald Trump on Thursday formalized the array of high tariff levels and trade deals he has announced in recent weeks, the latest escalation in his attempt to disrupt and reshape the global economic order.

As a sign of this unfairness they point to the fact that the U.S. buys more goods from many countries than these individual countries purchase from the United States, arguing that such bilateral trade deficits mean that the U.