[Toddsterpatriot]

Our 2007 trade deficit with Mexico was $74 billion. Oil and oil product imports were about $34 billion.

[Phantom Lord]

Thanks.

[1rudeboy]

I know that formal FR econ-thread rules prohibit us from talking about services (because they don’t create wealth or some such nonsense) when taking about the trade deficit, but we should still distinguish between goods and services, lest people think we have a deficit there as well. :)