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To: jdsteel

https://www.census.gov/foreign-trade/balance/c5700.html

Maybe.

Except look at the website above. (US Census.gov)

According to the website’s page on China, America just set the all-time world trade deficit record, with China. Biggest and worst, in world history.

Just something to consider.


15 posted on 02/10/2019 6:23:44 AM PST by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: cba123

Yes, I’ve seen that exact page. It reflects the push to get Chinese products, already made, into the US prior to sanctions. That’s completely understandable. The problem for the Chinese is those products were already made. Demand for new ones is down, and they are feeling the pinch. Add to that their problems with their banking system and lending, the black market lending system that has sprung up as a result, additional government stimulus despite their deficits and unhappy new millionaires and China is in a tough spot. When their answer to economic problems is bigger government....watch out.


16 posted on 02/10/2019 7:45:31 AM PST by jdsteel (Americans are Dreamers too!!!)
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