How's that pesky trade war Trump started? U.S. Trade Deficit in Goods Reaches Record High

The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...

That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.
The trade war with China is necessary. If you want China to replace the US as the top dog economically, that's your right.
Most of us want the US to stay on top and to stop China from stealing US product designs and intellectual property.

Hell, even Nancy and the House supports Trump's efforts to get fair trade deals with China:

Democrat-led House seen backing Trump’s China trade war, scrutinizing talks with allies

So do I. I just don't support Rump.

We all know you love rumps! You bang one every chance you get!
Now Admiral, we have talked about this. Not every thread needs to be turned into a discussion of gay sex by you. Stop that.
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


chartoftheday_17281_us_trade_balance_n.jpg

DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...

That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.

:banana:
It means we EXPORTED less, dumbass. Which is not good.

As for the Dow...

The Dow on January 20, 2009: 7,550.29

The Dow in November 2011: 11,796

That's after DIVING down to 6626 due to the economy falling off a cliff as Obama took office.

Anyway, at this point in time in Obama's presidency, the Dow had climbed 56 percent.



The Dow on January 20, 2017: 19,827.25

The Dow today: 28,131.55

Trump's Dow has climbed only 41 percent.


Trump is a weak bitch.


Once again, the pseudocons are bitch slapped by their own standards. :lol:

MAGA!

"BUT, BUT, BUT.....OBAMA!"

The Super Negro inherited a failing startup and was given $10 trillion dollars to force a rebound. My teen daughter could have made the spread sheets look amazing in such a scenario.
Trump inherited Microsoft...steep growth trajectory isn’t probable...Sustaining steady growth in a ‘peaked out’ economy is far more difficult to manage.
What else can I teach you?
Trump has been outspending Obama since he took office, dumbass.

He also inherited a seven year long upward trajectory. He was elected on third base and you dumbasses bleev him when he tells you he hit a triple.

Obama inherited an economy falling off the cliff bleeding 600,000 jobs a month.

It takes a special kind of retard to claim Obama had an easier task. Seriously, you are mentally ill.

trump-2019-highest-number.jpg

Look, I can't make you smart or make you understand....Your head is way too far up that black ass of the Super Negro...It's been years and you're still screaming his name at the sky...you're fucked.
The funny thing is; none of you dumbmotherfuckers can tell us what POLICIES of the Black Bastard actually led to a thriving economy...It always come down to; "he spent his way out" of the grave.
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.

:banana:
It means we EXPORTED less, dumbass. Which is not good.

As for the Dow...

The Dow on January 20, 2009: 7,550.29

The Dow in November 2011: 11,796

That's after DIVING down to 6626 due to the economy falling off a cliff as Obama took office.

Anyway, at this point in time in Obama's presidency, the Dow had climbed 56 percent.



The Dow on January 20, 2017: 19,827.25

The Dow today: 28,131.55

Trump's Dow has climbed only 41 percent.


Trump is a weak bitch.


Once again, the pseudocons are bitch slapped by their own standards. :lol:

MAGA!

"BUT, BUT, BUT.....OBAMA!"

The Super Negro inherited a failing startup and was given $10 trillion dollars to force a rebound. My teen daughter could have made the spread sheets look amazing in such a scenario.
Trump inherited Microsoft...steep growth trajectory isn’t probable...Sustaining steady growth in a ‘peaked out’ economy is far more difficult to manage.
What else can I teach you?
Trump has been outspending Obama since he took office, dumbass.

He also inherited a seven year long upward trajectory. He was elected on third base and you dumbasses bleev him when he tells you he hit a triple.

Obama inherited an economy falling off the cliff bleeding 600,000 jobs a month.

It takes a special kind of retard to claim Obama had an easier task. Seriously, you are mentally ill.

trump-2019-highest-number.jpg

Look, I can't make you smart or make you understand....Your head is way too far up that black ass of the Super Negro...It's been years and you're still screaming his name at the sky...you're fucked.
The funny thing is; none of you dumbmotherfuckers can tell us what POLICIES of the Black Bastard actually led to a thriving economy...It always come down to; "he spent his way out' of the grave.
Hey, dumbass.

Look at Trump's spending next to Obama's.

Go ahead.

Trump Proposes a Record $4.75 Trillion Budget

What? You mean your propagandists have been keeping you totally in the dark about that?

Why am I not surprised?
 
TARD: Obama spent a lot!

REPORT: Trump requests record spending.

TARD: Yeahbut...Obama!
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


chartoftheday_17281_us_trade_balance_n.jpg

DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...

That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.

:banana:
It means we EXPORTED less, dumbass. Which is not good.

As for the Dow...

The Dow on January 20, 2009: 7,550.29

The Dow in November 2011: 11,796

That's after DIVING down to 6626 due to the economy falling off a cliff as Obama took office.

Anyway, at this point in time in Obama's presidency, the Dow had climbed 56 percent.



The Dow on January 20, 2017: 19,827.25

The Dow today: 28,131.55

Trump's Dow has climbed only 41 percent.


Trump is a weak bitch.


Once again, the pseudocons are bitch slapped by their own standards. :lol:

MAGA!

Who's this Obama guy you keep worshipping?
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


chartoftheday_17281_us_trade_balance_n.jpg

DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...

That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.

:banana:
It means we EXPORTED less, dumbass. Which is not good.

As for the Dow...

The Dow on January 20, 2009: 7,550.29

The Dow in November 2011: 11,796

That's after DIVING down to 6626 due to the economy falling off a cliff as Obama took office.

Anyway, at this point in time in Obama's presidency, the Dow had climbed 56 percent.



The Dow on January 20, 2017: 19,827.25

The Dow today: 28,131.55

Trump's Dow has climbed only 41 percent.


Trump is a weak bitch.


Once again, the pseudocons are bitch slapped by their own standards. :lol:

MAGA!

Who's this Obama guy you keep worshipping?
Poor Francis...can't handle the topic, has to try to derail the thread...
 
That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.

:banana:
It means we EXPORTED less, dumbass. Which is not good.

As for the Dow...

The Dow on January 20, 2009: 7,550.29

The Dow in November 2011: 11,796

That's after DIVING down to 6626 due to the economy falling off a cliff as Obama took office.

Anyway, at this point in time in Obama's presidency, the Dow had climbed 56 percent.



The Dow on January 20, 2017: 19,827.25

The Dow today: 28,131.55

Trump's Dow has climbed only 41 percent.


Trump is a weak bitch.


Once again, the pseudocons are bitch slapped by their own standards. :lol:

MAGA!

"BUT, BUT, BUT.....OBAMA!"

The Super Negro inherited a failing startup and was given $10 trillion dollars to force a rebound. My teen daughter could have made the spread sheets look amazing in such a scenario.
Trump inherited Microsoft...steep growth trajectory isn’t probable...Sustaining steady growth in a ‘peaked out’ economy is far more difficult to manage.
What else can I teach you?
Trump has been outspending Obama since he took office, dumbass.

He also inherited a seven year long upward trajectory. He was elected on third base and you dumbasses bleev him when he tells you he hit a triple.

Obama inherited an economy falling off the cliff bleeding 600,000 jobs a month.

It takes a special kind of retard to claim Obama had an easier task. Seriously, you are mentally ill.

trump-2019-highest-number.jpg

Look, I can't make you smart or make you understand....Your head is way too far up that black ass of the Super Negro...It's been years and you're still screaming his name at the sky...you're fucked.
The funny thing is; none of you dumbmotherfuckers can tell us what POLICIES of the Black Bastard actually led to a thriving economy...It always come down to; "he spent his way out' of the grave.
Hey, dumbass.

Look at Trump's spending next to Obama's.

Go ahead.

Trump Proposes a Record $4.75 Trillion Budget

What? You mean your propagandists have been keeping you totally in the dark about that?

Why am I not surprised?

NEWS FLASH DUMBMOTHERFUCKERS!
The U.S. Government overspends.
You parrot the same tired shit day in and day out...Get it through your miserable head...Niggs spend on failing corporations, wetbacks, lowlife degenerates and the filth of society while real leaders will spend on our military and Americas Best.
TA-DA!
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


chartoftheday_17281_us_trade_balance_n.jpg

DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...

That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.

:banana:
It means we EXPORTED less, dumbass. Which is not good.

As for the Dow...

The Dow on January 20, 2009: 7,550.29

The Dow in November 2011: 11,796

That's after DIVING down to 6626 due to the economy falling off a cliff as Obama took office.

Anyway, at this point in time in Obama's presidency, the Dow had climbed 56 percent.



The Dow on January 20, 2017: 19,827.25

The Dow today: 28,131.55

Trump's Dow has climbed only 41 percent.


Trump is a weak bitch.


Once again, the pseudocons are bitch slapped by their own standards. :lol:

MAGA!

Who's this Obama guy you keep worshipping?

He was the 2nd worst POTUS ever, and so far Trump is only slightly better...yet you worship him....weird.
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


chartoftheday_17281_us_trade_balance_n.jpg

DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...

That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.

:banana:
It means we EXPORTED less, dumbass. Which is not good.

As for the Dow...

The Dow on January 20, 2009: 7,550.29

The Dow in November 2011: 11,796

That's after DIVING down to 6626 due to the economy falling off a cliff as Obama took office.

Anyway, at this point in time in Obama's presidency, the Dow had climbed 56 percent.



The Dow on January 20, 2017: 19,827.25

The Dow today: 28,131.55

Trump's Dow has climbed only 41 percent.


Trump is a weak bitch.


Once again, the pseudocons are bitch slapped by their own standards. :lol:

MAGA!

Who's this Obama guy you keep worshipping?

He was the 2nd worst POTUS ever, and so far Trump is only slightly better...yet you worship him....weird.
Trump is awesome! I wish he'd go full Coolidge and send Congress a budget that cuts spending.

Second best thing he could do is close the Department of Education
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


chartoftheday_17281_us_trade_balance_n.jpg

DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...

However, price index shows that prices are slightly falling and profit margins improving and inflation is unchanged despite of higher tariffs.

That means that tariffs are not passed on consumers as leftist media are saying.

A big factor is that we can withstand the Trade War and China cannot. Their GDP is already falling like a rock, and eventually they're going to buckle.

This should have been done a long time ago, neither the previous Democrats nor Republicans had the spine to tackle the problem head on.

But President Trump did. MAGA!
 
The U.S. Government overspends
But Trump holds the record. And it's not even close.

How much has Trump added to the debt? The record is $10T
Deficit Donald has DOUBLED the deficit. He is doing his best to beat Obama's debt record because he hates being second to anyone.

He's already spent way more than Obama did in the same length of time.

Way more.

And you made this about spending, dumbass. But you go ahead and keep moving those goalposts. Some other tards like yourself might be fooled.
 
The pressure Trump is applying on the ChiComs is a fraction of what's coming to Soros's Socialist democrat Party
 
The U.S. Government overspends
But Trump holds the record. And it's not even close.

How much has Trump added to the debt? The record is $10T
Deficit Donald has DOUBLED the deficit. He is doing his best to beat Obama's debt record because he hates being second to anyone.

He's already spent way more than Obama did in the same length of time.

Way more.

And you made this about spending, dumbass. But you go ahead and keep moving those goalposts. Some other tards like yourself might be fooled.

What you don't seem to understand is that NOBODY really gives two fucks about spending...including yourself...that's why you refuse to denounce the spending on wetbacks, that's why you can't link us to your posts condemning the Supper Nigg's spending during his eight year reign of terror.
Look, nobody sane takes your 'spending' act seriously, you simply make a complete fucking ass of yourself with every post.
 
The U.S. Government overspends
But Trump holds the record. And it's not even close.

How much has Trump added to the debt? The record is $10T
Deficit Donald has DOUBLED the deficit. He is doing his best to beat Obama's debt record because he hates being second to anyone.

He's already spent way more than Obama did in the same length of time.

Way more.

And you made this about spending, dumbass. But you go ahead and keep moving those goalposts. Some other tards like yourself might be fooled.

Hey, well at least we're getting out money's worth, as opposed to Obama's big spending: The strongest military in the world, a strong economy and stock market, enough oil to drown every seagull and baby seal in the world, hundreds of thousands of dead terrorists in the Middle East, a saturated job market, entitlement cuts to the Free Shit Army, North Korea's, Iran's, and Venezuela's economies knocked in the dirt, and the best part?

Driving you leftards out of your fucking minds. That alone is worth all the money we have in this country. God bless that magnificent orange MAGA son of a bitch. I'm going to enjoy seeing that bastard piss you fuckers off for the next five years. You certainly deserve everything coming to you: A couple more SC nominations, a couple hundred more lower court judges, some more of the leftist agenda dying from the death of a thousand cuts, and we'll be done with you chumps once and for all.
 

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