Trump is barking up wrong tree on trade deficit

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George the original one
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Joined: Wed Jul 28, 2010 3:28 am
Location: Wettest corner of Orygun

Trump is barking up wrong tree on trade deficit

Post by George the original one »

Total Trade (Billions)
$579 China
$545 Canada
$525 Mexico
$196 Japan
$164 Germany

USA Trade Deficit (Billions)
$347 China
$ 11 Canada
$ 63 Mexico
$ 69 Japan
$ 65 Germany

Trade Defict as % of Total Trade
59.9% China
2.0% Canada
12.0% Mexico
35.2% Japan
39.6% Germany

So compared to the other major trade partners, NAFTA represents a good deal. Which means the only reason to harp on the trade deficit with Mexico is to reinforce the idea that Mexico should pay for a wall.

ducknalddon
Posts: 249
Joined: Fri May 20, 2016 5:55 am

Re: Trump is barking up wrong tree on trade deficit

Post by ducknalddon »

> $525 Mexico

Which is why not much will happen, there is too much to loose for both sides.

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