Serious Bankrupt Beggar USA Trade Deficit OVERLOAD, want to kill Japan & Mexico Amigos!

Ang4MohTrump

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http://news.sina.com.cn/w/sy/2017-05-07/doc-ifyexxhw2668952.shtml


Their own fucked economies spend and can not earn, blame others!

Ang Moh Trump want to kill Japs & Amigo's car import, USA must die ASAP!





美国点名要“宰”日本 日媒:为什么不是中国
2017年05月07日17:01 环球网
美国点名要“宰”日本 日媒:为什么不是中国

  原标题:美国点名要“宰”日本,日媒:为什么不是中国!

  5月4日,美国商务部发布了一份题为《对墨西哥和日本的贸易逆差已经达到难以忍受的水平》的声明,直接点名日本和墨西哥两国。声明中,商务部长罗斯称“美国已经无法忍受如此快速扩大的贸易逆差”。

  这让敏感的日媒又忍不住拿中国出来作比较了。
▲美国商务部官网截图▲美国商务部官网截图

  该声明是在3月的贸易收支数据公布后发表的。美国商务部5月4日发布的3月份贸易统计数据显示,当月美国对日贸易逆差较上月增长55.0%至72.4亿美元,升至2008年4月以来最高位,对墨西哥贸易逆差增长22.0%至70.33亿美元,升至近10年的高位。

  日本媒体认为,美国在贸易逆差问题上,批日墨西不批中国,态度存在差异。

  《日本经济新闻》5月5日一篇报道称,对华贸易逆差占美国整体贸易逆差额的一半,但此次的声明中提到中国的表述是“对华逆差正在改善”,没有批评中国。该报道认为,3月的对华逆差环比减少1.1%,2月环比增长5.3%。即使按季度来看,1-3月的对华逆差额也比上季度增长了6.7%。美国政权正就朝鲜局势探索与中国的合作关系,特朗普也表达了暂时搁置贸易问题的想法。

  报道还称,特朗普政权虽然把削减贸易逆差作为优先课题,但对不同国家的态度明显存在差异。




https://www.commerce.gov/news/press...o-and-japan-continues-grow-unsustainable-rate




Trade deficit with Mexico and Japan Continues to Grow at Unsustainable Rate


May042017
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Trade and Investment
Wilbur Ross
U.S. International Trade in Goods and Services

Posted at 4:25 PM
FOR IMMEDIATE RELEASE
Thursday, May 4, 2017

Office of Public Affairs
202-482-4883
[email protected]

The trade deficit with Mexico and Japan was found to be growing at an alarming rate following the release of March 2017 U.S. International Trade in Goods and Services monthly data by the Department of Commerce.

The trade deficit increased by $363 million with Mexico and by $1.6 billion with Japan from February to March of this year.

“The United States can no longer sustain this inflated trade deficit with our closest trading partners,” said Secretary Ross. “The Trump administration is committed to rebalancing our trade relationships in order to protect American workers and businesses from lopsided trade relationships.”

While China continued to be the United States largest source of trade deficit, the United States year-to-date trade deficit with China improved by 2.5 percent.

Year-to-date, the goods and services deficit increased $9.4 billion, or 7.5 percent, from the same period in 2016. Exports increased $38.0 billion or 7.1 percent. Imports increased $47.5 billion or 7.1 percent.

In March 2017, the trade deficit was $43.7 billion. March exports were $191.0 billion, $1.7 billion less than February exports. March imports were $234.7 billion, $1.7 billion less than February imports.

The March decrease in the goods and services deficit reflected an increase in the goods deficit of $0.4 billion to $65.5 billion and an increase in the services surplus of $0.4 billion to $21.8 billion.
Leadership

Secretary of Commerce

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http://money.cnn.com/2017/01/09/news/economy/us-mexico-trump-cars-imports-trade-deficit/


Remove car imports, and U.S.-Mexico trade deficit disappears
by Patrick Gillespie @CNNMoney January 9, 2017: 3:04 PM ET
Ford CEO: U.S. plant expansion is 'vote of confidence' in Trump
Ford CEO: U.S. plant expansion is 'vote of confidence' in Trump
America brings in lots of cars and auto parts from Mexico. It's by far the No. 1 good shipped north of the border.

If you take away those shipments, President-elect Donald Trump's dream would come true: The U.S. wouldn't have a trade deficit with Mexico.

The U.S. imported $78 billion of cars and auto parts in 2015 from Mexico. America's overall trade deficit with the country that year was $58 billion.

So, if all things remain the same and car imports are taken away, the trade deficit with Mexico would disappear.

"Cars are by far the largest export from Mexico to the U.S. -- without them, the [Mexican] trade surplus with the U.S. vanishes," says Neil Shearing, chief emerging markets economist at Capital Economics, a research firm.

Indeed, cars beat the next top four import categories -- electronic parts, food, computers and TVs -- by a mile. Even if you add the value of those four categories together, they still fall short of the value of all the cars brought across the border, according to figures compiled by Capital Economics. Their value would total a little over $71 billion.
mexico top 5 us exports

No wonder, Donald Trump has targeted automakers.

"If you're going to make a fuss about something, you want to make a fuss about something that's going to make a difference," says Chris Rogers, research analyst at Panjiva, a global trade research firm.

Related: BMW 'absolutely' committed to new factory in Mexico

Trump has warned that car companies like Toyota (TM) and GM (GM) will face a "big border tax" if they don't move jobs and production back to the U.S. from Mexico.

During his campaign, Trump often compared America's trade deficit to a company losing money.

"We're losing a tremendous amount of money, according to many stats, $800 billion a year on trade," Trump told the New York Times during his campaign.

Some experts disagree with Trump's portrayal of the U.S. trade deficit in goods.

Related: Mexico's Trump 'contingency plan' isn't working

"A nation's trade balance is nothing like a firm's bottom line," Douglas Irwin, a trade expert at Dartmouth and former Reagan administration official, wrote in Foreign Affairs magazine. "Whereas a company cannot lose money indefinitely, a country...can run a trade deficit indefinitely without compromising its well-being."

Irwin points out that Australia has had a trade deficit for decades and it hasn't had an economic recession for about 25 years. Conversely, Japan often runs a trade surplus and its economy has stagnated for decades.

So, would eliminating the trade deficit with Mexico be good for the U.S. economy? In short term, possibly yes. In the long term, very likely no.

That's based on a new report released by Morgan Stanley (MS)'s economics team. They estimated that if Trump uses tariffs of 20% or 45%, U.S. economic growth would get a boost in the first year. That's because in the economic model for growth, the trade deficit weighs down growth. A narrower deficit would spark short-term growth.

But then the pain would come. Morgan Stanley's economists forecast U.S. economic growth slumping long-term if the trade barriers remain as U.S. exporters would lose out, consumer prices would rise and businesses would cut back investments.






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What if the yankees further remove drug imports from Mexico? They might have a huge trade surplus!
 
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