Posted on 05/19/2018 11:53:21 AM PDT by jazusamo
At first it did, but now the deficit with South Korea is in decline. The deficit with South Korea is primarily the result of Hyundai/Kia automobile imports. Both of those brands are suffering severe double-digit sales declines in the U.S. market. As a result the deficit has been dropping for 3 years. During the first 3 months of 2018, the deficit is nearly half what it was for the first 3 months of 2017. The U.S. has surpluses with many nations. The deficit is the result primarily with automobile producing nations. Our deficits with these nations, particularly Germany and Japan, are so large they give us a deficit. Of course the large imports of “stuff” from China also is one of the largest reasons for the deficit.
At first it did but now the deficit with South Korea is in freefall. The deficit has been declining for 3 years and for the first 3 months of 2018, the deficit is nearly half what it was for the first 3 months of 2017. The deficit with South Korea is mostly the result of the imports of Hyundai/Kia automobiles. Both of these brands have suffered severe double-digit declines in the US market. For February 2017 the US deficit with South Korea was nearly $1.3 billion. For February 2018 the deficit was $683 million.
How long before we get our Maoist Brigade of Freepers on here extolling the virtues of China?
We already have our Putinista boot lickers on here suckling from the incompetent tit of Vladimir.
From Merkel to Seek China as Free-Trade Ally on Beijing Trip - BL, by Sarah Syed, 2018 May 19 :
German Chancellor Angela Merkel said she'll renew efforts to enlist China as an ally on free trade when she visits leaders including President Xi Jinping in Beijing next week. It'll be Merkel's first trip to the world's second-biggest economy since she began her fourth term in March. While Europe and China have points of friction from investment reciprocity to human rights, they're finding common cause in rebuffing U.S. President Donald Trump's tariff threats against both. "China and Germany are committed to the rules of the World Trade Organization, yet we will also talk about reciprocal access in trade and intellectual property issues," Merkel said in her weekly podcast published Saturday. "And we want to strengthen multilateralism." ..... < snip > ..... China overtook the U.S. as Germany's biggest trading partner in 2016. ..... < snip >
In 14 months President Trump has accomplished more than the past 7 - 4 year terms of US Presidents...Bush 1, Clinton, Bush 2, Obama....that’s 28 years President Trump has compressed into 14 months.
The American people are taking notice and wondering what were the last 28 years all about. How is it that a non politician, non DC hack, with virtually no support from the governing class and no foreign affairs experience, come into Washington DC, put together an Executive team on the fly and turn this country around...MAGA in 14 months!
China has been eating our lunch for 30 years. NK has been making a fool of us for 50 years. Germany has been free loading off of our taxpayer supported military forever, instead spending their money on cradle to grave security for their citizens while the American middle class pays the bill and our elderly vets die in the streets.
I’ve said it before and I’ll say it again...I think President Trump will get so much of his agenda in play that he will refuse a second term...instead playing the kingmaker to pass the torch to the man or woman he deems best fit to carry on. He will OWN the GOP.
What better way to stick it to all the never-Trumpers and it fits President Trump so well:)
Stormy, Russia, Avenatti, Russia, Porn star, Avenatti, Russia. This President has done more for this nation than any of the past 3. And yet, our the MSM still refuses to acknowledge his accomplishments since President Elect.
CNN, MSNBC, NY Times, Washington Post are going down. If not financially, then by lost of confidence by main street. News orgs exist to make money from their sponsors. Companies will start pulling ads once all the corruption is exposed by the biased feckless pundits. Like Dan Rather, some will be replaced. BTW, where is Dan "false but true" Rather nowadays? Mark my words.
Also, I think Trump is being smart by NOT firing Sessions. He's going to let this farce play out and then bring the hammer down. Anyone who has read his "Art of the Deal" or watched him on The Apprentice knows his rope length to let others hang themselves.
Well said.
However, I hope President Trump will serve a second term, it would give him 4 additional years to weed out the embedded socialist, leftist, tyrannical bureaucrats throughout the executive branch.
It would also give him additional time to overhaul the judicial branch which is so badly needed.
He can then pass that torch.
Agreed.
The alphabet media deserve to go down and go down hard.
They have come to a point they don’t report the news, they editorialize and they don’t have the good of our nation at heart.
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