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The trade deficit is not a crisis that we need to fix with tariffs that will raise prices for consumers and cost jobs in export industries when other countries retaliate.
1 posted on 05/04/2016 7:29:22 AM PDT by reaganaut1
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To: reaganaut1

We are currently running the largest-ever trade deficit with the Peoples Republic of China.

Largest ever.


2 posted on 05/04/2016 7:34:00 AM PDT by cba123 (http://www.census.gov/foreign-trade/balance/c5700.html)
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To: reaganaut1

The trade deficit fell in Greece too. After Greece lost all it’s jobs and nobody could afford to buy the imports.


3 posted on 05/04/2016 7:35:52 AM PDT by DannyTN
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To: reaganaut1

The trade deficit fell in Greece too. After Greece lost all it’s jobs and nobody could afford to buy the imports.


4 posted on 05/04/2016 7:35:52 AM PDT by DannyTN
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To: reaganaut1

This is only a report for March. Big whoop....


5 posted on 05/04/2016 7:50:13 AM PDT by Sacajaweau
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To: reaganaut1

The US is still the only consumer market that can be stand-alone. Yeah we have to buy bananas overseas, and we don’t mine our own rare earth materials, but we don’t need to import steel, or cars, or food, and ship recyclables to those that make them for packaging.


6 posted on 05/04/2016 7:50:45 AM PDT by steve8714 (OK, it's over.)
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To: reaganaut1

It’s oil prices.


7 posted on 05/04/2016 7:54:02 AM PDT by babble-on
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To: reaganaut1
The trade deficit is not a crisis that we need to fix with tariffs that will raise prices for consumers and cost jobs in export industries when other countries retaliate.<>?i>

We fix it by leveling the playing field. Unfair and unenforced trade agreements have resulted in manufacturing leaving this country and the loss of good paying jobs.

We run a trade deficit with almost every country on earth. We have the lowest labor participation rates in 38 years. We need to lower corporate tax rates, eliminate the forest of regulations, and make investment in this country more attractive. Tariffs are the last resort. We have tariffs now as do other countries.

8 posted on 05/04/2016 7:55:58 AM PDT by kabar
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To: reaganaut1

This shrink is from no demand - precursor to shuddering ripple effect. Lefty chickens all coming home to roost - will be getting ugly.


9 posted on 05/04/2016 8:06:52 AM PDT by major-pelham
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To: reaganaut1

Other countries can’t retaliate. They already have erected trade barriers you idiot.


10 posted on 05/04/2016 8:08:15 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: reaganaut1

I have only been in Walmart once since the start of the year. Guess it shows.


12 posted on 05/04/2016 8:17:02 AM PDT by Buckeye McFrog
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