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6 Inaccurate Claims Trump Has Used to Justify His Flurry of Orders
The New York Times
The president was wrong about birthright citizenship around the world, the Paris climate agreement and federal funding for condoms in Gaza, among other claims.
President Trump, while issuing a rapid-fire series of executive orders and directives since taking office, has rationalized his initiatives with a series of false and misleading claims.
In trying to deny automatic citizenship for some born in the United States, he falsely described other countries’ laws. In rescinding climate policies, he mischaracterized obligations made by countries in the Paris climate agreement. And in defending a chaotic rollout that froze federal funding, he cited an example of waste that lacked evidence.
Here’s a fact check.
False. There are more than a dozen U.S.-based banks and subsidiaries operating in Canada.
Mr. Trump made the claim after he imposed tariffs on Canada, but before Canada negotiated a delay. His assertion would have been more correct about a quarter of a century ago. Since 1999, though, foreign banks have been allowed to establish branches in the country, according to a report by Statistics Canada, a government data agency. Previously, foreign banks could only operate subsidiaries there.
Branches are essentially the Canadian offices of banks headquartered in other countries, but they cannot accept deposits smaller than 150,000 Canadian dollars. Subsidiaries can accept smaller deposits, but they are separate legal entities from their parent companies.