Ever Wonder If the US Has Trade Surpluses?

Yeah me too…and so does the president apparently. But he says he hasn’t been able to find any:

President Donald Trump claimed Thursday that he cannot find a country with which the United States has a trade surplus.

“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.”

“I actually said to my people, find a country where we actually do well,” he said. “So far, we haven’t found that country. It’s just losses with everybody and we’re going to turn that around.”

Well apparently he hasn’t heard of Google or bothered to ask any of his cabinet secretaries who actually deal with trade, cause:

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.

So I guess my next questions: Are we dealing unfairly with those countries? Should we apply border taxes on exports to those countries to equalize our trade with them? And why aren’t they pissed at the US?

Click through to the article to see the chart on the countries where we have the top deficits and top surpluses!

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1 thought on “Ever Wonder If the US Has Trade Surpluses?

  1. Fact checking?
    When he said it, his lips were moving, almost assurance it is untrue. (alternative fact)

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