Posted on 01/23/2017 1:26:44 AM PST by vannrox
Top ten exports from the United States in 2015:
Machines, engines, pumps: US$205.8 billion (13.7% of total exports)
Electronic equipment: $169.8 billion (11.3%)
Aircraft, spacecraft: $131.1 billion (8.7%)
Vehicles: $127.1 billion (8.4%)
Oil: $106.1 billion (7.1%)
Medical, technical equipment: $83.4 billion (5.5%)
Plastics: $60.3 billion (4%)
Gems, precious metals, coins: $58.7 billion (3.9%)
Pharmaceuticals: $47.3 billion (3.1%)
Organic chemicals: $38.8 billion (2.6%)
These are total exports to all countries by the way.
Additional note. The United States is the second leading export nation on Earth, behind only China. It’s exports in 2015 were estimated to be valued at $1,510,000,000,000.
This is the "trade" part that is missing in "free trade." And without trade it is not "free trade." It's using your cheap labor to rot out the economies of those who believe they are practicing "free trade" when they are not.
We have. Since Johnson ramped up our effort to prop up French colonialism against Vietnamese nationalists, who were communists as well. We have to stop getting ourselves on the losing side of geopolitical certainties.
We spent at least that much in just the past decade. Remember there’s not only the formal defense budget but also additional war appropriations as well as warmaking activities in departments outside of DoD to account for.
So figure 50k per capita in basically in a decade; a decade in which the per capita income is not much more than half that number. In other words, the average American spent 20% of his productive efforts over the past decade to do absolutely nothing other than pay for war - we’re not even including food and clothing and housing before the war spend here.
An even greater obstacle to entry than their tariffs or other barriers is the controlled exchange rate for the Yuan and the still extremely low wage rates that put foreign goods far out of the reach of all but a tiny minority of consumers. In terms of de jure import barriers India is far more closed and difficult but they aren't a Communist state and growing military threat to their neighbors and us, nor the manufacturing behemoth that China's become. So unless you're trying to sell something there few notice or care.
America’s biggest export product to the chinese (and other countries) is US Treasury notes & bonds.
You can buy DDT on Alibaba, all you need is a mailing address in a free country...
Excuse me, Jack Ma, but you are not helping your people, you are trying to get more people under your thumb. Is building Island’s helping the Chinese citizens? Are those islands going to house a Club Med? I highly doubt it.
China exports to the USA represent less than 20% of their total exports. Please do not put words in my mouth that I did not say. China is a global manufacturer. It is the height of ignorance to assume that the vast bulk of Chinese exports targets America.
So while , to Americans, it might appear that China has overwhelmed American manufacturing capability. That is simply an illusion. The greatest percentage of exports out of China goes to Japan and Germany.
All those “high quality” Lecia (German) cameras, and high-end Hitachi (Japanese) electronics are all made in China, and have doing so for over ten years.
America needs a government that will look after the needs of its’ people. Global trade is good, but only if both parties benefit. Otherwise it is a zero sum game, and one nations wins while the other suffers losses.
But that wasn’t the issue.
Here are your words:
“Not too many things get exported out the USA, except for planes and food it seems. Why is this so...?”
I just don’t get that.
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