WASHINGTON (Reuters) - U.S. President Donald Trump claimed connected Tuesday that U.S. banks are not allowed to bash concern successful Canada, portion their banks run successful the U.S.
"Canada doesn’t let American Banks to bash concern successful Canada, but their banks flood the American Market. Oh, that seems just to me, doesn’t it?," Trump said successful a station connected Truth Social.
Sixteen U.S. banks are presently operating successful Canada, the Canadian Banking Association said successful February.
"These banks specialize successful a scope of fiscal services, including firm and commercialized lending, treasury services, recognition paper products, concern banking and owe financing. They service not lone customers with cross-border concern activities, but besides Canada’s home retail market. U.S. banks present marque up fractional of each overseas slope assets successful Canada,” the relation said.
(Reporting by Katharine Jackson and David Ljunggren; Editing by Chizu Nomiyama)