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Thread: Trump Hates Trade Deficits, Which Ones Really Matter? Why Mexico? We're almost EQ!

  1. #1
    He JUST FUCKED up AGAIN! BAZINGA DrumpF's Avatar
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    Trump Hates Trade Deficits, Which Ones Really Matter? Why Mexico? We're almost EQ!

    President Donald Trump is fixated on deficits as measures of how the U.S. gets the short end of the stick in trade deals. He’s had Mexico in his Twitter crosshairs for selling $63 billion more in goods to the U.S. than it buys, blaming “one-sided” Nafta for a “massive” imbalance—one he's promised to fix by renegotiating the terms of the agreement.

    https://www.bloomberg.com/graphics/2...trade-deficit/








    If you add up all the 'BAD's only' we see 9 other nations we trade with is out of balance way more.
    All these 9 nations import 40% or less US made products.

    US imports 855B but only exports 428B to these 9 nations. or 66%| 34% This is a total of 16% less U.S. exports to them 9 nations
    =855−428|(855+428)2×100
    =427|12832×100
    =427641.5×100
    =66.5627% difference here

    Mexico we trade 528B and are only exporting 6% less to them. Way better than 16% and more btw. There is no mention of remittances to Mexico 24B? I think. So why is Mexico the bad guys here? China is the real BAD guy, But they have nukes and we owe them a shit load of money too.

    U.S imported 386 million barrels of oil from Saudi Arabia in 2015, according to the U.S. Energy Information Administration.
    The country is the second-biggest source of foreign oil into the U.S. OEC - Saudi Arabia (SAU) Exports, Imports, and Trade Partners

    Really we buy like 52B in oil from them as that's all they have to offer the world
    And they buy about 23B from us, I think here.



    There are around 47 countries and territories in the world where Islam is the dominant religion
    U.S. does $220 billion in trade the with Muslim countries.


    U.S. does $220 billion in trade with Muslim-majority countries - Jan. 31, 2017

    Really here. FFS! Canada and Mexico are the best of trading partners from the lot of them.

    As we only have 3 'GOOD' nations buying way more than thier fair shares.
    Last edited by BAZINGA DrumpF; 6th March 2017 at 02:13 PM.
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  2. #2
    Member birdzeyez's Avatar
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    I'm not sure what renegotiating Nafta will do for us in terms of the trade imbalance with some countries.
    Thanks from MaryAnne

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    Chaos in fourteen lines Minotaur's Avatar
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    Two big issues impact these trades

    1. Poor countries with lower monetary value to the dollar causes a true problem simply because the average person no matter the population size can't afford to buy expensive imports. That is an issue for all countries, not just the US.

    2. Population size: I'd have to see sales per population size as no one should ever expect a lower populated country to match the buy power of the massive US buy power population. That can't be fixed. Expecting a lower population country to match US import purchase power is simply bad math.

  4. #4
    He JUST FUCKED up AGAIN! BAZINGA DrumpF's Avatar
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    Quote Originally Posted by birdzeyez View Post
    I'm not sure what renegotiating Nafta will do for us in terms of the trade imbalance with some countries.

    THEY HAVE Nothing! Other nations can employee people as slaves.
    Work hard, die soonest we have replacements.

  5. #5
    Member birdzeyez's Avatar
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    Curious that he has Mexico in his crosshairs when other countries, including some of our best allies, are far worse as far as trade deficits go.
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    Pundit DemoWhip's Avatar
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    Trump needs to get with it and come to the quick realization and be prodded to a good wake-up call that he needs the very countries he is trying to blackball! It can only come back to bite him in the end and it will be bad for America as a whole. That is not exercising good business practices as he likes to tout from being a businessman.

  7. #7
    He JUST FUCKED up AGAIN! BAZINGA DrumpF's Avatar
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    Quote Originally Posted by Minotaur View Post
    Two big issues impact these trades

    1. Poor countries with lower monetary value to the dollar cause a true problem simply because of the average person no matter the population size can't afford to buy expensive imports. That is an issue for all countries, not just the US.

    2. Population size: I'd have to see sales per population size as no one should ever expect a lower populated country to match the buy power of the massive US buy power population. That can't be fixed. Expecting a lower population country to match US import purchase power is simply bad math.
    #1 Sure, Not for the USA buyers. We in the USA want the cheapest stuff we can buy, no matter who dies for it around the world for some to profit here in the USA.
    But for them, yes they have owned slaves at the cheaper pay scale so local owners can profit from their deaths.

    #2 We have a 17T buy power. The USA and China GDP is 3-4 times any other nation.

    This is the list of the ONLY 1 TRILLION Dollar Economies of the world, Really do others matter?


    Last edited by BAZINGA DrumpF; 7th March 2017 at 12:55 PM.
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    He JUST FUCKED up AGAIN! BAZINGA DrumpF's Avatar
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    Quote Originally Posted by birdzeyez View Post
    Curious that he has Mexico in his crosshairs when other countries, including some of our best allies, are far worse as far as trade deficits go.
    I see everything by these numbers posted. The only thing that comes to mind here as followed.

    1) No nukes.
    2) No Amy that can match us.
    3) They need us more.
    4) Their population knows these facts.
    5) They're our now in 2017, Duce TrumPigOlini target more than ever before, as they can't do shit about it. As they need us 100X's more.
    6) If they did anything, Mexico would see the new Francisco "Pancho" Villa in their faces.
    Last edited by BAZINGA DrumpF; 7th March 2017 at 12:48 PM.
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  9. #9
    Established Member BitterPill's Avatar
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    Quote Originally Posted by birdzeyez View Post
    Curious that he has Mexico in his crosshairs when other countries, including some of our best allies, are far worse as far as trade deficits go.
    When you put the issue in the context of Trump's bigoted remarks about Mexicans, the curiosity fades away.

    Trump doesn't like Mexicans, pure and simple.
    Thanks from BAZINGA DrumpF

  10. #10
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    BAZINGA DrumpF, there’s no point to concern for USA’s trade deficits with individual nations; it’s our chronic annual GLOBAL trade deficits that are detrimental to our nation’s annual GDPs and numbers of jobs.

    Trade deficits net detriment to their nations’ GDPs are not an opinion, it is a fact imbedded within the its the expenditure formula for calculating GDP.
    [Excluding any explicit mention of other calculating methods, the expenditure method is the conventional one employed throughout the world and is the one that used by USA’s federal government and all other creditable statisticians and economists. But other methods for calculating GDP arrive at similar (to the expenditure method’s) results.]

    It is reasonably logical to conclude that anything effecting nations’ GDPs, affects their numbers of jobs.

    The world’s and its nations’ economies determine global trade flows. When consumers perceive (more often correctly) that purchasing other than USA goods is to their immediate individual best interests, they do so. Attempts to improve our global trade by international negotiations will be ineffective.

    Wikipedia’s “Import Certificates” article describes a proposal for USA’s adoption of a global trade policy that would enable the purchasing of USA goods to be more often in the best interests of the purchaser.

    It is a unilateral policy is substantially more market rather than government driven and it passes all of its net costs onto USA purchasers of Imported goods. All those net costs beyond federal direct expenditures for assessing the values of globally traded goods and administrative tasks are entirely due to market’s behavior and they in addition serve as price subsidies for USA exports at no additional costs to anyone else.

    The proposal does not discriminate among foreign nations; if we consider importing and exporting as a single industry for global trading, it does not discriminate among industries; it does not discriminate among enterprises.
    It would almost or entirely eliminate USA’s chronic trade deficits of goods and (regardless of what other nations or any enterprises do), it will increase our GDPs and numbers of jobs more than otherwise.

    Respectfully, Supposn

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