Forum Discussion
Charlie_D_
Jan 10, 2017Explorer
otrfun wrote:
However, based on recent electoral college results, it certainly appears many in this country are wanting to look at a much more one-sided, "smaller picture".
It's going to be very interesting to see how this kind of approach works in conjunction with this extremely co-dependent relationship we've developed with the rest of the world.
I believe that the majority of American's feel that trade policies are one sided in favor of other nations and want at least some correction. The auto makers and supplier's make a huge contribution to the American economy and the Japanese have invested billions and employed thousands if workers but I wonder if their moving of the Corolla is the being of reduced manufacturing here. Honda has a presence there. As do a total of 19 auto companies.
The top 5 trading partners and deficits from last year.
Canada - $576.7 billion traded with a $15.5 billion deficit.
China - $599.4 billion traded with a $367 billion deficit.
Mexico - $532.1 billion with a $60.6 billion deficit.
Japan - $193.6 billion traded with a $68.6 billion deficit.
Germany - $174.8 billion traded with a $74.9 billion deficit.
Source: https://www.thebalance.com/trade-deficit-by-county-3306264
2015
Last years deficit? 500 BILLION. That's $1.37 billion a day. How long can we continue to support this. Our deficit, entitlements, defense of other nations, etc. I am unable to find any country that we have a surplus with.
I have a list of companies bookmarked that I reference every time I make a purchase. The order of my purchases being with companies saying they are made in U.S.A. Can't find what I am looking for? I check content. My food purchases are one of the items I check country of origin. Can you imagine how difficult it is to find canned fruit with USA content? They are from all over the world. If I can't find US content I refuse to buy it and complain to the manager although that does little good. Wal-Mart is the worse offender of not buying local or domestic produce and fruit. I find onions, potatoes, apples etc. made either locally or domestic next to imported items at, near or even cheaper.
Do we really need to import apples fro New Zealand? I believe the average shopper doesn't even look.
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