Trump can't find any US trade surpluses. Here you go, Mr. President
- Thread starter moe
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You may want to take a look at these monthly trade deficits. Frankly finding four countries where we have a trade surplus does not dismiss his argument.
https://blog.bea.gov/category/trade-deficit/
Huh? As much as anything I point out his bad info, who preps him for these things? shew.
President Donald Trump claimed Thursday that he cannot find a country with which the United States has a trade surplus.
The U.S., in fact, has a merchandise trade surplus with more than half of the countries in the world, according to the U.S. International Trade Commission. A trade surplus means America exports more goods to a country than it imports from it.
"The deals we have with other countries are unbelievably bad. We don't have any good deals," Trump told a group of business executives at the White House. "In fact, I'm trying to find a country where we actually have a surplus of trade as opposed to a deficit. Everything's a deficit."
We have an overall trade deficit and it is massive. Get real.
United States' trade balance from 2000 to 2015 (in billion U.S. dollars)
https://www.statista.com/statistics/220041/total-value-of-us-trade-balance-since-2000/
Over $500 billion in 2015
He has no need to lie in order to make a point about the trade deficit but he did or he's just stupid about the topic, either way it's not a good look.
According to one researcher, he is the third smartest president ever.
http://jacksonville.com/reason/2017...nt-elect-donald-trump-iq-score-isn-t-official
http://www.tradingeconomics.com/united-states/balance-of-trade
United States Balance of Trade 1950-2017 | Data | Chart | Calendar
The goods and services deficit in the United States narrowed to USD 44.3 billion in December of 2016 from an upwardly revised USD 45.7 billion gap a month earlier and lower than market expectations of a USD 45 billion shortfall. Exports rose 2.7% to USD 190.7 billion boosted by higher sales of civilian airplanes and aircraft engines. Imports were up 1.5% to 235 billion, including a rise in car imports. For all of 2016, the trade deficit was USD 502.25 billion, the highest annual level since 2012 and a 0.4% increase from 2015’s gap of USD 500.36 billion. The deficit with Mexico rose 4.2% to USD 63.2 billion in 2016, five-year high.The deficit with China declined 5.5% in 2016, but it still totaled USD 347 billion, more than three-fifths of the overall deficit. Balance of Trade in the United States averaged -13602.69 USD Million from 1950 until 2016, reaching an all time high of 1946 USD Million in June of 1975 and a record low of -67823 USD Million in August of 2006.
Export Data API Access
Forecast
Watch
Calendar ...GMT .......Reference ..Actual ...Previous ..Consensus ..Forecast
2016-12-06 01:30 PM Oct .............$-42.6B ..$-36.2B .....$-41.8B .........$ -39B
2017-01-06 01:30 PM Nov ............$-45.2B ...$-42.4B .....$-42.5B .........$-45B
2017-02-07 01:30 PM Dec ............$-44.3B ...$-45.7B .....$-45B ............$ -45.4B
2017-03-07 01:30 PM Jan ............ $-44.3B .. $ -44.2B
2017-04-04 12:30 PM Feb ............ $ -45B
2017-05-04 12:30 PM Mar ............ $ -44.4B
-----SEE THE NEGATIVE SYMBOL IN FRONT OF ALL THESE NUMBERS ???-----
------ That means DEFICIT ...------- and the 'B', well those are BILLIONS of Dollars----
------- just another 'thanks obamapuppet' moment brought to you by the worst president in history...--------
United States Balance of Trade 1950-2017 | Data | Chart | Calendar
The goods and services deficit in the United States narrowed to USD 44.3 billion in December of 2016 from an upwardly revised USD 45.7 billion gap a month earlier and lower than market expectations of a USD 45 billion shortfall. Exports rose 2.7% to USD 190.7 billion boosted by higher sales of civilian airplanes and aircraft engines. Imports were up 1.5% to 235 billion, including a rise in car imports. For all of 2016, the trade deficit was USD 502.25 billion, the highest annual level since 2012 and a 0.4% increase from 2015’s gap of USD 500.36 billion. The deficit with Mexico rose 4.2% to USD 63.2 billion in 2016, five-year high.The deficit with China declined 5.5% in 2016, but it still totaled USD 347 billion, more than three-fifths of the overall deficit. Balance of Trade in the United States averaged -13602.69 USD Million from 1950 until 2016, reaching an all time high of 1946 USD Million in June of 1975 and a record low of -67823 USD Million in August of 2006.
Export Data API Access
Forecast
Watch
Calendar ...GMT .......Reference ..Actual ...Previous ..Consensus ..Forecast
2016-12-06 01:30 PM Oct .............$-42.6B ..$-36.2B .....$-41.8B .........$ -39B
2017-01-06 01:30 PM Nov ............$-45.2B ...$-42.4B .....$-42.5B .........$-45B
2017-02-07 01:30 PM Dec ............$-44.3B ...$-45.7B .....$-45B ............$ -45.4B
2017-03-07 01:30 PM Jan ............ $-44.3B .. $ -44.2B
2017-04-04 12:30 PM Feb ............ $ -45B
2017-05-04 12:30 PM Mar ............ $ -44.4B
-----SEE THE NEGATIVE SYMBOL IN FRONT OF ALL THESE NUMBERS ???-----
------ That means DEFICIT ...------- and the 'B', well those are BILLIONS of Dollars----
------- just another 'thanks obamapuppet' moment brought to you by the worst president in history...--------
The goods and services deficit in the United States narrowed to USD 44.3 billion in December of 2016 from an upwardly revised USD 45.7 billion gap a month earlier and lower than market expectations of a USD 45 billion shortfall. Exports reached the highest in 1-1/2-years with shipments of advanced technology goods hitting a record high. Considering full 2016, the trade deficit widened 0.4 percent to a four-year high of USD 502.3 billion.
The smaller gap in December reflected a decrease in the goods deficit of USD 1.2 billion to USD 65.7 billion and an increase in the services surplus of USD 0.3 billion to USD21.4 billion.
Total exports jumped 2.7 percent to USD 190.7 billion, the highest value since April of 2015. It follows a 0.2 percent fall in November and a 1.8 percent drop in October and is the biggest gain since September of 2012 when sales went up 2.9 percent. Exports of goods increased 3.9 percent to USD 126.9 billion, mainly boosted by capital goods (USD 3.3 billion); civilian aircraft (USD 1.0 billion); engines for civilian aircraft (USD 1.0 billion); industrial supplies and materials (USD 0.7 billion); natural gas (USD 0.2 billion) and fuel oil (USD 0.2 billion). Exports of services increased 0.4 percent to USD 63.8 billion: transport, which includes freight and port services and passenger fares, rose by USD 0.1 billion and travel (for all purposes including education) increased USD 0.1 billion.
Among main trade partners, exports surged to the European Union (10.1 percent), Japan (4.2 percent) and to OPEC (26.5 percent). In contrast, shipments fell to China (-4.1 percent), Canada (-2.8 percent), Mexico (-2.5 percent) and Brazil (-14 percent).
Total imports went up 1.5 percent to USD 235 billion, the highest since March of 2015.It follows a 1.2 percent rise in both November and October. Imports of goods increased 1.9 percent to USD 192.6 billion including automotive vehicles, parts, and engines (USD 1.6 billion); passenger cars (USD 1.4 billion); industrial supplies and materials (USD 1.1 billion); natural gas (USD 0.4 billion); fertilizers, pesticides, and insecticides( USD 0.4 billion) and capital goods (USD 1.0 billion). Imports of services were nearly unchanged at USD 42.3 billion.
Imports from Brazil jumped 12 percent and from Japan increased 7.6 percent. In contrast, purchases fell from China (-7.6 percent), Canada (-4.4 percent), Mexico (-7.4 percent), the EU (-1.2 percent) and OPEC (-4.3 percent).
The country recorded trade deficits with all main trade partners in December: China (USD -27.8 billion); European Union (USD -12.3 billion); Japan (USD -6.5 billion); Mexico (USD -4.4 billion) and Canada (USD -2.2 billion).
Considering full 2016, the goods and services deficit increased USD 1.9 billion or 0.4 percent from 2015 to USD 502.25 billion . Exports decreased USD 51.7 billion or 2.3 percent to USD 2209.42 billion. Imports fell USD 49.9 billion or 1.8 percent to USD 2711.67 billion.Among main trading partners, the deficit rose with: Mexico(4.2% to USD 63.2 billion, five-year high)and Japan(USD 68.94 billion from USD 68.92 billion). In contrast,it narrowed with Canada(USD 11.24 billion from USD 15.55 billion),the European Union(USD 146.34 billion from USD 155.57 billion)and China(5.5% to USD 347 billion). Still, the gap with China accounts for more than three-fifths of the overall U.S. trade deficit. and is by far the largest among the major US trading partners.
The smaller gap in December reflected a decrease in the goods deficit of USD 1.2 billion to USD 65.7 billion and an increase in the services surplus of USD 0.3 billion to USD21.4 billion.
Total exports jumped 2.7 percent to USD 190.7 billion, the highest value since April of 2015. It follows a 0.2 percent fall in November and a 1.8 percent drop in October and is the biggest gain since September of 2012 when sales went up 2.9 percent. Exports of goods increased 3.9 percent to USD 126.9 billion, mainly boosted by capital goods (USD 3.3 billion); civilian aircraft (USD 1.0 billion); engines for civilian aircraft (USD 1.0 billion); industrial supplies and materials (USD 0.7 billion); natural gas (USD 0.2 billion) and fuel oil (USD 0.2 billion). Exports of services increased 0.4 percent to USD 63.8 billion: transport, which includes freight and port services and passenger fares, rose by USD 0.1 billion and travel (for all purposes including education) increased USD 0.1 billion.
Among main trade partners, exports surged to the European Union (10.1 percent), Japan (4.2 percent) and to OPEC (26.5 percent). In contrast, shipments fell to China (-4.1 percent), Canada (-2.8 percent), Mexico (-2.5 percent) and Brazil (-14 percent).
Total imports went up 1.5 percent to USD 235 billion, the highest since March of 2015.It follows a 1.2 percent rise in both November and October. Imports of goods increased 1.9 percent to USD 192.6 billion including automotive vehicles, parts, and engines (USD 1.6 billion); passenger cars (USD 1.4 billion); industrial supplies and materials (USD 1.1 billion); natural gas (USD 0.4 billion); fertilizers, pesticides, and insecticides( USD 0.4 billion) and capital goods (USD 1.0 billion). Imports of services were nearly unchanged at USD 42.3 billion.
Imports from Brazil jumped 12 percent and from Japan increased 7.6 percent. In contrast, purchases fell from China (-7.6 percent), Canada (-4.4 percent), Mexico (-7.4 percent), the EU (-1.2 percent) and OPEC (-4.3 percent).
The country recorded trade deficits with all main trade partners in December: China (USD -27.8 billion); European Union (USD -12.3 billion); Japan (USD -6.5 billion); Mexico (USD -4.4 billion) and Canada (USD -2.2 billion).
Considering full 2016, the goods and services deficit increased USD 1.9 billion or 0.4 percent from 2015 to USD 502.25 billion . Exports decreased USD 51.7 billion or 2.3 percent to USD 2209.42 billion. Imports fell USD 49.9 billion or 1.8 percent to USD 2711.67 billion.Among main trading partners, the deficit rose with: Mexico(4.2% to USD 63.2 billion, five-year high)and Japan(USD 68.94 billion from USD 68.92 billion). In contrast,it narrowed with Canada(USD 11.24 billion from USD 15.55 billion),the European Union(USD 146.34 billion from USD 155.57 billion)and China(5.5% to USD 347 billion). Still, the gap with China accounts for more than three-fifths of the overall U.S. trade deficit. and is by far the largest among the major US trading partners.
It's another whopper lie, just add it to the list. What will it be tomorrow? can't wait.
Did you know that Biff graduated at the top of his class at Wharton? He said so himself....
http://www.thedp.com/article/2017/02/trump-academics-at-wharton
I have no idea where he graduated, I do know this. It is an extremely difficult school to get in.
It's a lie that he told to help make a point. No American lives will be lost due to it but every time he lies like that, his credibility takes another hit. Some day more critical matters will be in play and hopefully his lies will be as obvious then.
You have zero idea if that's true. More importantly, Trump is an extraordinarily successful businessman that exponentially increased the value of his families assets.
An incredible accomplishment.
When he lies about something truly important, I'll be on your side. But little crap like this, I could care less. We have an enormous trade deficit that must be solved.
But the Liberal hypocrisy on this is staggering. When Hillary and Obama lied about absolutely critical matters that did impact lives, Liberals on this board defended them every step of the way.
He has declared bankruptcy four times.
He doesn't pay taxes.
He defrauded people out of their hard earned money at Trump University.
He has failed to pay countless people that have worked for him.
He is a typical con man with no morals or ethics and has obtained wealth by despicable methods.
I'd ask you to prove that but you can't. You're ok with Trump's lies because you're all in on him. For you to call anyone a hypocrite is a joke. Sad!
Number one like your doctor keep your doctor.
Number to like your health care plan keep your health care plan.
Number three like your hospital keep your hospital.
Number four, save $2500 per family per year.
A YouTube video was responsible for Benghazi.
I could go on and on and if you remember, lives were lost in Libya.
For those on this board, defending those lies, you are absolutely hypocrites for going after trumps lies.
And when Trump lies at a level like those I just cited above, I will be right there with you. But these comments on our trade deficits don't come close.
All of the statements about the ACA that you made are disengenuous. Those statements made at the time were true. Changes to the ACA made by Republicans in Congress made them null and void. I'm not even going to address Benghazi. There was an investigation that was led by Republicans that lasted over two years and cost over 7 million dollars and the conclusion was there was nothing culpable.
Trump's lies and actions have already cost us good relationships with Australia, Canada, Mexico, Europe and he is ratcheting things up with China.
We are the laughing stock of the entire world.
This statement is so stupid, I can't even respond to it. What changes did the Republicans make to Obamacare after it was passed?
If the GOP had somehow miraculously got something passed through the house and senate, Obama surely would have vetoed it, right?
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It has to be true because the great googlemoron googled it and found a story that said it.
His far better post was that it was the Republicans who changed Obamacare that caused all of those Obama lies. Unbelievably amazing.
Some people choose to be doctors and some people choose to be teachers. He chooses to be a dumbfuk. AMERICA.
Even if the GOP had managed to get the 60 votes to pass something through the Senate, which was virtually impossible, Obama would've vetoed it. And remember, Obama made those comments before Obamacare was even passed in the first place. In fact, he lied to the American people to help sell Obamacare. Then after Obamacare passed, he repeated the same lies. How in the hell could the GOP have changed it if it was not yet in law.