The Facts: Trump has often made the claim that the U.S. is “subsidizing” Canada—it’s a key reason behind his desire to annex the country. In his interview with TIME, he mentioned Canadian cars, lumber, and energy, so it’s possible was referring to the U.S. trade deficit with Canada, which in 2024, amounted to $63 billion for goods.

As he marks his 100th day in office this week, Trump has a historically low approval rating with signs of erosion on two of his top issues, the economy and immigration.