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China's November trade surplus with U.S. widens to $35.55 billion (Highest EVER. Anywhere...)
Reuters ^
| December 8, 2018
Posted on 12/08/2018 5:10:28 PM PST by cba123
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Trump really needs to do something about this.
China is now running the largest trade surplus with America, between any two countries, in the history of our world.
EVER.
https://census.gov/foreign-trade/balance/c5700.html
(includes October)
1
posted on
12/08/2018 5:10:28 PM PST
by
cba123
To: cba123
2
posted on
12/08/2018 5:11:04 PM PST
by
cba123
( Toi la nguoi My. Toi bay gio o Viet Nam.)
To: cba123
By the way it was Reuters/Yahoo which called the surplus “November”.
I believe it was actually October. That was reported just the last couple days, now.
3
posted on
12/08/2018 5:13:32 PM PST
by
cba123
( Toi la nguoi My. Toi bay gio o Viet Nam.)
To: cba123
Doesn’t it ALWAYS get worse in Nov & Dec? Nov is Black Friday Month. And Dec is even more Xmas shopping
4
posted on
12/08/2018 5:14:17 PM PST
by
CardCarryingMember.VastRightWC
("Blessed are the young, for they shall inherit the national debt" - Pr. Herbert Hoover)
To: cba123
China attacks Main Street.
When will they attack Wall Street? Or is that currently happening?
5
posted on
12/08/2018 5:14:22 PM PST
by
Paladin2
(Ich kann nicht Deutch...)
To: cba123
It’s a commie plot. No, seriously,
6
posted on
12/08/2018 5:15:13 PM PST
by
Jim Robinson
(Resistance to tyrants is obedience to God!)
To: Jim Robinson
Hehe.
Maybe you are right.
7
posted on
12/08/2018 5:16:19 PM PST
by
cba123
( Toi la nguoi My. Toi bay gio o Viet Nam.)
To: cba123
We keep buying.
Need more "Made in America"
To: CardCarryingMember.VastRightWC
Just know, our trade deficit with China is currently going to set yet another all-time record this year.
Biggest (worst) ever.
Between any two countries. Ever.
9
posted on
12/08/2018 5:19:31 PM PST
by
cba123
( Toi la nguoi My. Toi bay gio o Viet Nam.)
To: cba123
I guess I would expect to see this initially, as the price of Chinese goods goes up secondary to the tariffs. Even if the amount of Chinese goods that is imported doesn't change, if the price goes up because of the tariffs the cost of imports goes up - thus increasing the trade deficit. It takes time for trade patterns to be altered, but it doesn't take long for the price of tariffs to impact the cost of imports.
Stopping the Chinese from using us in their quest to become the most powerful nation on Earth was never going to be painless, and was never going to be a short-term endeavor.
To: cba123
Trump really needs to do something about this.
...
The Fed manipulating interest rates is strengthening the dollar. Trump seems to be making some progress in getting them to ease up.
11
posted on
12/08/2018 5:20:41 PM PST
by
Moonman62
(Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
To: cba123
To: cba123
Many companies ordered ahead of the possible tariff increase. If the numbers remain high next couple months without higher tariffs then it will be a trend and not just this factor.
To: cba123
...Trump really needs to do something about this....
Im all ears.
14
posted on
12/08/2018 5:25:22 PM PST
by
Raycpa
To: cba123
The Christmas Rush of a very prosperous year looks to be a big factor to me. Trump has already addressed this problem so lets see what china does and how Trump reacts.
15
posted on
12/08/2018 5:25:45 PM PST
by
mountainlion
(Live well for those that did not make it back.)
To: highpockets
Just look at the history...
This number has been increasing almost every single year, significantly.
Every year. This is only in one generation, this has happened. And every year, it gets (much) worse.
Every year. Constantly. For the entire last generation...
16
posted on
12/08/2018 5:27:00 PM PST
by
cba123
( Toi la nguoi My. Toi bay gio o Viet Nam.)
To: Jim Robinson
17
posted on
12/08/2018 5:27:34 PM PST
by
Raycpa
To: cba123
Trump and his ally David Perdue are subsizing the import of containers of Chinese crap by subsidizing the Savannah-Brunswick port. This makes no sense.
To: cba123
The communist government owns the ‘corporations’ in China.
Our own commies ‘own’ our government, our media, our public institutions, etc. I wonder how much stock in our corporations is actually owned by the commies (Chinese and domestic)? Our corporate retailers are having a hay day importing container ship loads of cheap slave-made Chinese merchandise and dumping it on our consumers.
19
posted on
12/08/2018 5:30:02 PM PST
by
Jim Robinson
(Resistance to tyrants is obedience to God!)
To: Paladin2
When will they attack Wall Street? Or is that currently happening?
It sure feels that way, I've been hammered the last couple of months.
20
posted on
12/08/2018 5:31:36 PM PST
by
JoSixChip
(He is Batman!)
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