Rather than out of the box thinking, permanent general tariffs are under the rock thinking of E TrogsTell that to rest of the entire world which runs trade surpluses wit the USA.
The countries with which the United States has the largest trade deficits in goods are not always its most important trading partners. Some nations export a lot without importing much. But the top five trading partners also have the largest deficits.
- China - $660 billion traded with a $419 billion deficit.
- Canada - $617 billion traded with a $20 billion deficit.
- Mexico - $611 billion traded with an $81 billion deficit.
- Germany - $184 billion traded with a $68.2 billion deficit.
- Japan - $218 billion traded with a $67.6 billion deficit.