America 1 Loc: South Miami

2019 : U.S. trade in goods with China
NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Details may not equal totals due to rounding. Table reflects only those months for which there was trade.
January 2019 7,134.3 41,603.8 -34,469.5
February 2019 8,433.6 33,194.4 -24,760.8
March 2019 10,426.5 31,175.7 -20,749.1
April 2019 7,896.3 34,798.9 -26,902.6
May 2019 9,074.5 39,269.1 -30,194.6
June 2019 9,034.7 39,002.3 -29,967.6
https://www.census.gov/foreign-trade/balance/c5700.html

After adjusting for inflation, which renders the numbers used to calculate GDP, the goods trade deficit narrowed to $86.1 billion from $86.4 billion in the prior month.
So far this year, the U.S. merchandise deficit with China has narrowed to a seasonally adjusted $179.8 billion, compared with $200.4 billion in the same six months of 2018. U.S. exports to China are down 18.1% this year, while imports have fallen 12.2%, a reflection of dwindling two-way trade.
https://www.bloomberg.com/news/articles/2019-08-02/u-s-goods-trade-deficit-with-china-reaches-five-month-high

lightengine

Trump was elected because of the globalist interests and political swamp in Washington bleeding this country of capital and jobs and the fact that our last three Presidents were, at best, truly economic morons. Enough citizens suffering economic misery had enough of this and took a chance on Trump. Make America Great Again simply means stopping the economic bleeding or our economy and people. Any obstruction to balancing trade or securing the southern border is in fact treasonous to the citizens of this country. My M.B.A. is not from Harvard, or Wharton, of Stanford, or Chicago. It is only from the University of Pittsburgh but I was able to use Census Bureau data to show the drastic and dangerous increase in Federal debt caused by the trade deficit. Our exports are being stunted by a 25% overvalued dollar and 17 to 22% VATs at international borders. It is time we charge for converting foreign currency to dollars and hammer these other economies with tariffs to negotiate their border charges down.

Again, Clinton, Bush, and Obama were, at best, economic morons that allowed undisciplined globalism to bleed our economy of trillions of dollars and millions of jobs. They followed the U.S. Chamber of Commerce in burying our economy. To survive in the long run, all national economies have to create as much value as they consume. With only one currency the E.U. is doomed to eventually fall apart as all of the 28 economies have different ratios of value creation and consumption. Brexit is just the start. Capitalism gets blamed for the damage caused by undisciplined globalism and therefore the really stupid call for democratic socialism. Democratic socialism is where the self reliant and industrious are outnumbered by the lazy and envious who progressively kill all incentives for individual value creation through income redistribution, high taxes, and over regulation so that we share scarcity at the point of a despotic gun.

Disarming the population is the real underlying reason for all of the anti-Second Amendment action being taken by socialist democrats. Low cultural capital because of fatherless black children is the main cause of homicides but democrats don't really believe that black lives matter. The racist democrats only harp on "white supremacism" as a cause instead of the inner city culture that they have created. Democrats on the whole are more corruptible and less honest and this is proven over and over again in all of the big city democrat politicians that wind up in prison. "All lies supporting the cause are not really lies." "Voter I.D. requirements are racist!" Actually assuming that blacks are not smart enough or capable of having I.D. available for voting is in fact racist. The only commodity that democrats really want is power over your life.

America 1 Loc: South Miami

US Soybeans futures are up 4 to 4 3/4 cents in the nearby contracts on Friday 9/30.
10 Countries With Largest Soybean Production
USA (108.0 million metric tons)
Brazil (86.8 million metric tons) ...
Argentina (53.4 million metric tons) ...
China (12.2 million metric tons) ...
India (10.5 million metric tons) ...
Paraguay (10.0 million metric tons) ...
Canada (6.0 million metric tons) ...
Ukraine (3.9 million metric tons) ...
Unfortunately, Brazil has made some advancements.
Brazil was behind in shipping capabilities, they are correcting that problem.
Ships in the past would be lined up for weeks to load.
The 2017-2018 crop in Brazil is believed to be bigger than the U.S. by a small margin of 117 million tons to 116.5 million tons. China has helped Brazil spend billions of dollars to build out the Northern Ports and to get these soybeans to market in a much more cost-efficient manner.

Michael Rich Loc: Lapine Oregon

Yes, those too, thank you.

JFlorio Loc: Seminole Florida

Excellent commentary. Thanks.

Michael Rich Loc: Lapine Oregon

Welcome lightengine. I'd say Pitt did a outstanding job on you.

currahee506

"Socialism" is the "daughter" of Mr. Marx. It's a slow cancer that preys on the minds of people because its communist presuppositions are planted in the subconscious aon the back of its disguise: guilt for not being generous enough. This is false guilt levied by its indoctrinators in the public schools that have their imprisoned students for a long time. The socialist themselves don't even realize how thoroughly de-moralized they are. One good way to prove this is to present them with truth and evidence and then see how it goes into their one ear and out the other.

Airforceone

This is just the type of post that should be ignored. Trade imbalance was static what does that mean. The imbalance went up over $250 billion and you make a comment like that. The Autocrat in Chief is a massive failure on his promises but there is still the southern racist that will support him no matter what.

Actually I post on OPP because it’s a comedy show with you people.

America 1 Loc: South Miami

A laugh a minute from you.
Since 2012, the U.S. trade deficit with China has increased. It was $315 billion in 2012, rose to $367.3 billion in 2015, then fell to $346.9 billion in 2015. In just two years, it's increased to $419.2 billion.
The U.S. trade deficit with China was $419 billion in 2018. The trade deficit exists because U.S. exports to China were only $120 billion while imports from China were $540 billion.
https://www.thebalance.com/u-s-china-trade-deficit-causes-effects-and-solutions-3306277

U.S. trade deficit shrinks slightly; exports, imports fall
The goods trade deficit with China decreased 0.8% to $30.0 billion, with imports falling 0.7%.
In June, goods imports fell 2.2% to $212.3 billion. Imports of consumer goods fell $0.9 billion, pulled down by a $1.4 billion drop in imports of cellphones. Crude oil imports declined $1.4 billion, reflecting cheaper oil.
Goods exports fell 2.8% to $137.1 billion. Exports of consumer goods fell $1.9 billion. There were also decreases in exports of capital goods and motor vehicles.
https://www.reuters.com/article/us-usa-economy-trade/u-s-trade-deficit-shrinks-slightly-exports-imports-fall-idUSKCN1US1IF
https://www.reuters.com/article/us-usa-economy-trade/u-s-trade-deficit-shrinks-slightly-exports-imports-fall-idUSKCN1US1IF

badbob85037

[quote=maxcorn]Please refrain from posting until you learn economics 101. It's people like you that want to pay for Chinese crap at a low rate. If Barry would've been smart enough to do this you libs would be once again saying, "he's the smartest boofer in the room". The old ways of getting screwed by every country is over. You libs have 4+ years left of seeing how to run a country. You'll learn to love it.[/quote

Nothing like a bunch of brain deficient school drop out cluing in educated people on the economy. These clowns, do you think they will ever get the concept in those pin heads of financing our own destruction? Just how do you think China can afford to give their troops a handful of rice, a rifle, and all that Communist documentation? We don't need China. All they send are exact copies of American companies' goods they have been ripping off for 15 years. Matter of fact Screw China. I wouldn't mind paying twice as much to have it made in America. Building commercial buildings I know near everything is made in China and it's all copied from US manufacturers. China is as bad as obama only instead of lying to our face they steal in front of our face with both the same level of threat to our nation. Bankrupt China, jail obama

Floyd Brown Loc: Milwaukee WI

The difference is in who gets the money.
If the rich man gets it is to stimulate the economy.
If the average person gets it stimulates the economy better.
But the idea behind it al is what is the easiest way to get the money in the rich mans pocket.

What do you think lobbyist do for there money?
They transfer the money to the law makers.

As always one needs to follow the money.
Those involved try not to leave a plain path as to how this is done.

A politician getting money from some one leaves open a good investment prospect.
Inside trading information that is a huge advantage.
A great deal for the politician.

An act that is socialist in nature But at the heart of crony capitalism.
It just goes to show that capitalism is not the panacea many claim it to be.

What the heck! The average person is just a loser & they will buy what ever we are selling.

It is for the average voter to get it straight just how capitalistic or socialistic this country this nation is.

I say we have socialism in this country.
Some good (For big money) & some bad. (For the average person.)

As long as it gets to your pocket it is great.
The thing is if you get paid for your part in the work force. (Your labor or input) Socialism is BAD.

But if you deal with the money or production. (Money you get from the government is to stimulate the economy)GOOD.

Either way the money ends up in just a FEW hands or pockets.

One just needs to put aside what the text book has to say on the issue.
Then just rely on what you see & hear.

Every one sees & hears things are not as good as it could be.
So take a good look around & get a better picture of what you see.

So if it helps the economy either way why is it bad to help the man at the bottom first.
Well you are not rich if you don't have more that some one else.
(So if you get a bit more than some one else you should be happy)
While supporting system that rewards those getting much more than you.

Too get a better picture of this one needs to see how the tax laws favor money earned on money over money earned om personal labor (Or input).

JoyV

JoyV

I meant that you write as if it were static up until Trump increased tariffs.

JoyV

With all the sites you checked, did it ever occur to you to check the census bureau which actually records the numbers the other sites supposedly base their figures on?

JoyV

And what generates the money in the 1st place? Income taxes. What generates the jobs which provide the incomes? If you want more gold, killing or punishing the golden goose is stupid. Just because the goose keeps a portion of the gold for himself.