Quote:
Originally Posted by dumb nazi thommy
a negative trade balance tells me only that you guys spend your money in exploding bombs and you do not have any competitive products.
you have to buy them from outside because you do not even understand the most simple rules of a global market.
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dumb nazi thommy has no clue about reality or economics. He thinks trade balance is tit for tat either good or bad. dumb nazi thommy doesn't comprehend things like business cycles of countries or places like hong kong who need to run a neg trade balance. Or especially countries like China who manipulate currencies by buying US treasuries to maintain their exports with a weak domestic economy.
Top U.S. goods exports
Food, beverage and feed: $133 billion. ...
Crude oil, fuel and other petroleum products: $109 billion. ...
Civilian aircraft and aircraft engines: $99 billion. ...
Auto parts, engines and car tires: $86 billion. ...
Industrial machines: $57 billion.
Passenger cars: $53 billion. ...