US $ 1.5 trillion business deficit
reports Mehr News Agency quoted for Forbes, based on the analysis of the US Census Bureau’s data released last Wednesday, a $ 1.5 trillion record of $ 1.5 trillion, the fourth consecutive trade deficit over $ 1 trillion and the sixth increase in the sixth increase in the 6th. It has been last year. This is despite the punishment of tariffs imported from China over the past five years, the tariffs that have been launched by Donald Trump and were largely expanded by Joe Biden.
Trump, Biden or any president, despite the promise of returning production to America, which is still the third largest producer in the world Cannot do anything about commercial deficits.
In year 2, the United States had a trade deficit with nine countries in the world and with nine countries. This means that five surpluses have been increased compared to year 2, as a number of countries, including Saudi Arabia and Greenland, have gone from red to black and countries such as Lithuania, Latvia and Bolivia have changed from black to red. /p>
per US $ 1.5 trillion value per US dollar, which was worth $ 1.5 trillion. This is relatively balanced. Germany, Taiwan, Japan, South Korea, Canada and India joined China, Mexico, Vietnam and Ireland in the year, to form the country with which the US has the highest business deficit.
the least Balance Business with which countries is
Vietnam has the lowest trade balance with the country with a 5 % share of trade with the US and Ireland with only 2 % share of trade with the US. The percentage of Vietnam is mainly due to the incredible growth in the production of technology and consumer goods, many of which had previously labeled “China -made”. Ireland is largely in this position because of the import of drugs.
The highest trade balance is to Canada with 2 % and Mexico with 5 % export with the United States. This balance, better than the overall US balance, is largely due to the sophisticated car supply chain in North America, which for a quarter of a century under the North American Free Trade Agreement and in the last two years, a completely similar successor to Mexican Canada’s US agreement Is.
What has time come to the American business deficit?
The US has had a business deficit in its trade with nine countries in the list since the beginning of Donald Trump’s first presidency, in the first year of Donald Trump’s presidency; The two countries China and Japan have been excluded from this rule. The US business deficit with China has declined by 4.9 percent, while the business deficit with Japan has just decreased by 4.9 %, which is actually a roundabout. The US budget deficit with three countries has increased by more than 5 %: Canada, 4.9 %, Taiwan, 4.9 %, and Vietnam, 4.9 %.
Fractor has doubled with three other countries: Mexico 4.9 %, Ireland 4.9 % and South Korea 4.9 %.
2 countries have been among the top five commercial deficits since the beginning of Trump’s first presidency, though their order has changed. They are in their order: China’s first place, the second of Mexico, the third of Vietnam, the fourth Ireland, the fifth German, and the seventh of Japan. The US budget deficit with Taiwan was more than Japan in year 2 and ranked # 1. The United States did not have a deficit with Taiwan from year 1 to 2, and only a year after Trump’s trade war with China went to Krar.
three other countries that are currently among the top 5 countries but have not been present in South Korea, Canada and India for two years. South Korea fell from 1 to 2 out of the top 5. Canada in Year 2 and 2; And India left the list from 1 to 2. Thailand has left the list of top 5 countries among the top 5 countries in years 1 and 2, Italy, Switzerland and Malaysia, which had a business with the United States between the years 1 and 2.
order How has the current country changed?
in year 2, China came in first with a deficit of $ 1.5 billion, and then the three countries Japan, Germany and Mexico fell more than $ 5 billion, respectively.
The decline was remarkable at that point: the deficit with Ireland and Vietnam was in the $ 5 billion range, while the Italian, South Korean, Malaysian and India deficits were in the $ 5 billion range. /p>
Taiwan and Canada were not among the top 5 groups that year. The US budget deficit with Taiwan was $ 1.5 billion in $ 1.5 billion a year, while the deficit with Canada was estimated at $ 1.5 billion. While the US deficit with China was the highest in all those years, it has reached less than twice as much as Mexico in year 2, from Japan’s 2 -fold deficit at that time. P>
This is actually a challenge we focus on American business deficit from a policy perspective. Budget deficit, at least partially, is a criterion of the overall health of the American economy; That is, despite the low unemployment rate and the significant population of immigrants, it seems that Americans cannot earn enough money to meet US needs.