Quote:
Originally Posted by thommy
the trade deficit is on paper but not in real.
it is a consequence of crazy calculation of re-imports.
many Canadian and US companies order together to get a better price and lower shipment costs. so let´s say each of this 2 companies are ordering goods for 1 billion from abroad and this 2 billion goods enter in Canada. now 1 billion for the US company is shipped from Canada to the US - than they calculate it on the trade balance between canada and USA what is not the case.
if you just take the imports and exports from goods produced in one of the both countries the US have a surplus with Canada.
but the old fucker can´t calculate - he just want to play war and he does not seem to accept that the last country in the world that can stand a trade war is the US because no country on this planet have that much debt.
https://ustr.gov/countries-regions/americas/canada
from this months on the tariffs will be visible in the market prices and trump takes back from the american people what he gave them with the tax cut.
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re-import from China through Canada and Germany's company's cars from Mexicans plants - count always as the trade deficit, de facto by money. The USA doesn't earn during this trade - take debt and spend again - debt growth. USA with growth debt go into bankruptcy with help "allies".
And as I see Trump doesn't have success in solving it, even with neighborhoods like Canada, even not talk about China which will be more difficult.
We shouldn’t have to buy our friends with bad Trade Deals and Free Military Protection! (c) Trump
https://twitter.com/realDonaldTrump/...24775154565120