Trade Deficit on Track to Grow by $100 Billion Under Trump (Trump you were elected, on this)

Newsmax Finance ^ | December 7, 2018

[cba123]

President Donald Trump is losing his war on the U.S. trade deficit and the evidence is growing that his own tariffs are at least part of the reason why.

The U.S.'s monthly deficit in goods and services with the world reached its highest level in a decade in October while the deficit with China hit a record, according to data on Thursday.

(please see link for full article)

Pretty long, good article.

[familyop]

"Trump you were elected, on this"

Everyone who is paying attention knows that President Trump is doing his part more than any other U.S. president in history, and he's doing it against the efforts of many influential loyalty-free traders.

[LS]

Gotcha. Back to free trade and total devastation. Good plan.

[editor-surveyor]

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I have never trusted NewsMax as far as I could throw them.
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[editor-surveyor]

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Right on the money!

Chris Ruddy is a major bull$hitter!

He’s a Poop Francis admirer too.

[editor-surveyor]

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It never ends!

A massive assault on our minds; up is down, down is up, black is white and white is satan.

[familyop]

"But until now, everything he has done, has actually made our trade deficit with China WORSE."

He has done nothing to make the trade deficit worse. He has done more than any other president to rectify the situation. One would expect communist monkey nations to be more grateful and respectable for what they have learned from us instead of only repaying us with vain chatter.

[onona]

A shout out of thanks to all the informed sane posters on this thread who see through the newsmex baloney.

Merry Christmas !

[semimojo]

China just lowered it’s import fees on our vehicles by 40%.

You sure about that?

The White House has now backpedaled, acknowledging there was no deal in place to roll back automotive tariffs.

[crz]

The one problem in America is the lack of patience by its people.

Like you.

[gibsonguy]

90% of the ruling class is against Trump. Cut him some slack. That said, if he does not find a way to make significant progress on the wall his chances for re-election are slim.

[DoughtyOne]

As reported in this Wall Street Journal article and seemingly verified by the Chinese representative, yes I’m pretty sure.

I read this several days ago.

“The two presidents instructed their economic teams to work toward the direction for removing all tariffs for win-win outcomes and mutual benefit,” Geng Shuang said, describing the outcome of weekend talks between Mr. Trump and Chinese President Xi Jinping at the G-20 Summit in Buenos

https://www.wsj.com/articles/trump-china-to-reduce-and-remove-tariffs-on-american-cars-1543811957

[Repeal The 17th]

...still cringing and still negative...

[Democrats hate too much]

The Deep State is here folks. One of them just made this post on Free Republic.

[palmer]

There will be accelerated buying due to tariffs scheduled to rise from 10% to 25% at the end of the year. People were buying before the price increase. Now that is the end of Feb. So as the deficits increase in January and February you will have more to complain about. But then that ends and the deficits will drop, probably sharply.

Also our own manufacturing has to ramp back up and that can take years.

[cba123]

I have been patient for two entire years.

100 weeks.

730 days.

Our trade deficit with China CONTINUES to rise.

It will set YET ANOTHER all time record bad balance, this year.

A lot of people (including me) voted for Trump specifically for this issue, and the Wall.

NEITHER ONE is improving.

Neither one.

[palmer]

Trump was elected to throw Bolshies in jail. Alas, he is failing miserably.

Mainly the economy and the wall, so 1 for 2. The wall isn't completely his fault but he will have to do some shutdown politics to get anything.

[palmer]

There has been $1.5B of wall built and another $1.5 being built. The pace is slow though and Trump needs to play hardball on it.

[Alberta's Child]

Are you posting from the U.S., or from Vietnam — where your economy is built on Chinese imports and you buy almost nothing made in the U.S.?

[marajade]

Then when 2020 comes you can vote for the D. And if you thought the ACA is bad, just wait until you have medicare for all for health insurance.

[cba123]

I am American.

Born and raised.

You? Just curious about your handle...