"In 2015, the United States ran its largest merchandise trade deficit with China--a record $367,172,900,000, according to the Census
Nov. 8, 2016, "U.S. Completes 22 Straight Years of Merchandise Trade Deficits With Mexico," CNS News, Terence P. Jeffrey
"The United States ran a merchandise trade deficit of $5,243,300,000 with Mexico in September, according to newly released data from the U.S. Census Bureau.
That completes 22 straight years in which the United States has run monthly merchandise trade deficits with Mexico.
last time the United States ran a merchandise trade surplus with Mexico
was September 1994—when the U.S. ran a $4,700,000 bilateral surplus
with its southern neighbor.
The U.S. Census Bureau has published
monthly figures on the export and import of goods to and from Mexico
going back to January 1985. In the 31 complete calendar years that have
passed since then (1985 through 2015), the United States has run
merchandise trade surpluses with Mexico in four years and deficits in 27
Three of those years—1991,1992,1993—were before the North
American Free Trade Agreement took effect. The fourth year the United
States ran a merchandise trade deficit with Mexico—1994—was the first
year NAFTA took effect....
to 1991, the U.S. ran up a 45-month stretch of merchandise trade
deficits with Mexico, running from January 1985 through September 1988.
That string was broken when the U.S. ran a merchandise trade surplus
with Mexico of $49,100,000 in October 1988.
NAFTA—which created a
free-trade zone between Mexico, the United States and Canada--was signed
by the then-lame-duck President George H.W. Bush in December 1992. The
deal was not ratified as a treaty, which under the U.S. Constitution
would have required a two-thirds majority in the Senate for
ratification. Instead, it was approved on a so-called “fast-track” that
required only majority votes in both the House and Senate.
The House and Senate approved the NAFTA in 1993 and President Bill Clinton signed it in December 1993....
As of September 2016, the U.S. had run merchandise trade
deficits with Mexico for 264 straight months.
In 1994, the U.S.
merchandise trade surplus with Mexico was $1,349,800,000. In 2015, the
U.S. merchandise trade deficit with Mexico was $60,662,8000.
the first nine months of 2016 (January through September), the U.S.
merchandise trade deficit with Mexico has been $46,811,500,000.
In February of this year, the Obama administration signed the
Trans-Pacific Partnership (TPP) trade agreement, which includes Mexico
and Canada as well as nine other countries, and which now needs to be
approved by Congress to take effect....
The Congressional Research Service says the TPP is intended to be a “living agreement” that can be expanded once it is in place. “Currently,
the TPP includes Australia, Brunei, Canada, Chile, Japan, Malaysia,
Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam....
“Policymakers in TPP
countries have ventured that China may seek to join at some point,
provided that it could adhere to the standards of the agreement,” said
In 2015, the United States ran its largest merchandise trade deficit with China--a record $367,172,900,000, according to the Census
Bureau. In the first nine months of this year, the U.S. has run a
merchandise trade deficit of $257,671,800,000 with China."
Comment: Definition of Genocide:
"What is Genocide?" GenocideWatch.org
11/9/16, "Wall Street, Main Street, and Global Economics With a Donald Trump Victory," tcth, sundance
"As we all begin to filter the impact of a historic Donald Trump
victory, perhaps it is important to remind ourselves what should be the
primary filter for perspective.…the economics.
For the first time in many decades the chief executive of the United
States will walk into office concerned about the fiscal stability of the
United States. For the first time ever, a titan of American Main
Street is going to be in the oval office. Do not downplay the significance of this aspect. Money makes the world go ’round.
Every single global leader and politician is reviewing the U.S.
election through their own domestic financial prisms. Enter, the land of
Samsung, Kia etc."...
Wednesday, November 9, 2016
US trade deficit with Mexico was $5.2 billion in Sept. 2016 making 22 straight years of US deficits with Mexico under 'America Last' NAFTA. China is #1 in 'America Last' bonanza: In 2015 US trade deficit with China was over $367 billion-CNS News, US Census Bureau
Posted by susan at 10:52 PM