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To: central_va
Amazing how this is being ignored by our fellow Freepers....

Even if President Trump is able to negotiate a trade deal with China that gives us absolutely equal access to Chinese markets, there will still likely be a trade deficit.

This is only because China is still a very poor country. Even though its GDP is supposedly nearly equal to ours, that GDP reflects the output and consumption of nearly four times as many people.

In other words, Chinese GDP per capita is 1/4 America's.

The Chinese can't afford to buy as much as we can.

8 posted on 02/10/2018 8:12:44 AM PST by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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To: BfloGuy

The Chinese have a middle class that is bigger than ours. It is estimated that their middle class is 200 million. They have plenty of money to buy our products.


11 posted on 02/10/2018 11:38:38 AM PST by central_va (I won't be reconstructed and I do not give a damn)
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