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U.S. Completes 22 Straight Years of Merchandise Trade Deficits With Mexico

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posted on Nov, 8 2016 @ 06:33 PM
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$5,243,300,000 deficit with Mexico in September That is 5 billion for September!

There is a lot of interesting numbers in the following story. I highlighted what I found interesting.

Lets just say NAFTA is better for Mexico in terms of producing and send stuff to the US than the US producing and sending stuff to Mexico.

And the scary deficit with China is highlighted at the bottom.



(CNSNews.com) The United States ran a merchandise trade deficit of $5,243,300,000 with Mexico in September, according to newly released data from the U.S. Census Bureau.

That completes 22 straight years in which the United States has run monthly merchandise trade deficits with Mexico.

The last time the United States ran a merchandise trade surplus with Mexico was September 1994—when the U.S. ran a $4,700,000 bilateral surplus with its southern neighbor.

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In the years since NAFTA took effect, bilateral trade between the United States and Mexico has increased, but in every month after September 1994, the value of the goods that the United States imported from Mexico has exceeded the value of the good the United States exported to Mexico. As of September 2016, the U.S. had run merchandise trade deficits with Mexico for 264 straight months.
In 1994, the U.S. merchandise trade surplus with Mexico was $1,349,800,000. In 2015, the U.S. merchandise trade deficit with Mexico was $60,662,8000.
In the first nine months of 2016 (January through September), the U.S. merchandise trade deficit with Mexico has been $46,811,500,000.

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“The Trans-Pacific Partnership (TPP) is a proposed free trade agreement (FTA) among 12 Asia-Pacific countries, with both economic and strategic significance for the United States,” said the Congressional Research Service in a report published in June. “The proposed agreement is perhaps the most ambitious FTA undertaken by the United States in terms of its size, the breadth and depth of its commitments, its potential evolution, and its geo-political significance.”

~~~~~~~~~

In 2015, the United States ran it largest merchandise trade deficit with China—a record $367,172,900,000, according to the Census Bureau. In the first nine months of this year, the U.S. has run a merchandise trade deficit of $257,671,800,000 with China.


cnsnews.com...
edit on Tue Nov 8 2016 by DontTreadOnMe because: trimmed overly long quote IMPORTANT: Using Content From Other Websites on ATS




posted on Nov, 8 2016 @ 06:46 PM
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Perot?
Calling mr Perot!



posted on Nov, 8 2016 @ 06:48 PM
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a reply to: Bluntone22




Perot?
Calling mr Perot!


With NAFTA you heard a giant sucking sound

TPP you will hear a golden gooses neck break



posted on Nov, 8 2016 @ 06:50 PM
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And yet, with all that "free" money, mexico is still a 3rd world #hole.

Truely a waste of our prosperity.



posted on Nov, 8 2016 @ 06:55 PM
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And yet, with all that "free" money, mexico is still a 3rd world #hole.

Truely a waste of our prosperity.
a reply to: MisterSpock

Very very low wages goes to the people who make the products in Mexico. The large multi nationals are reaping huge wind fall profits because of lack of regulations, and very low wages.

Do you notice a cost difference with a washing machine from Mexico or a US made one? Or a refrigerator (EDIT
Or oreo's or Ford cars or Jeeps, soon carrier Air conditioning products???
edit on 8-11-2016 by seasonal because: (no reason given)



posted on Nov, 8 2016 @ 06:59 PM
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a reply to: MisterSpock

all the money went back to the shareholders in the US.



posted on Nov, 8 2016 @ 07:05 PM
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I understand how the economics work.

However, the united states working class was not gifted with its prosperity.

We fought for it, I expect others to do the same.

There is nothing stopping the mexican worker from banding together and fighting for it.



posted on Nov, 8 2016 @ 07:35 PM
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Obama hit Hillary hard with NAFTA. 8 years he did nothing! Yet, people let him and now her brush it off like a gnat.

So crazy. That gnat hurt so many people in the US. Millions, going on over 20 years now and getting worse. So sad. The general public is generally feeble minded.



posted on Nov, 8 2016 @ 08:07 PM
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a reply to: LifeMode



Obama hit Hillary hard with NAFTA. 8 years he did nothing! Yet, people let him and now her brush it off like a gnat.

Very good point.




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