Does the U.S. have a trade deficit with Canada? No!

[OKTexas]

Canada has a tariff of 270% on US dairy products.

So what?

So we busted their ass on Canadian timber products. They want to play, we'll play.


.

 

[percysunshine]

Apparently, in Trumpland, trade in services simply does not count, even though it’s a big part of U.S. trade. In fact, the World Trade Organizationsays that trade in services is the “most dynamic segment in world trade, growing more quickly than trade in goods.” The United States is the dominant player, a fact highlighted by the 2018 annual report of the Council of Economic Advisers, released in February and signed by the president: “Focusing only on the trade in goods alone ignores the United States’ comparative advantage in services.”

Trade in services includes, among other things, telecommunications, accounting and legal services, and tourism. It’s not perhaps as solid and shiny as steel, but it’s a real export. In 2016, the U.S. services surplus was almost $25 billion, resulting in an overall trade surplus with Canada of $12.5 billion, according to the U.S. Trade Representative. (The Commerce Department’s Bureau of Economic Analysis says the surplus was $7.7 billion in 2016 and nearly $2.8 billion in 2017.)

The 2018 CEA report even includes a chart showing Canada has a trade surplus.

The president frequently suggests the United States is losing money with these deficits, but countries do not “lose” money on trade deficits. A trade deficit simply means that people in one country are buying more goods from another country than people in the second country are buying from the first.

Americans want to buy these products from overseas, either because of quality or price. If Trump sparked a trade war and tariffs were increased on Canadian goods, then it would raise the cost of those products to Americans. Perhaps that would reduce American purchases of those goods, and thus reduce the trade deficit, but that would not mean the United States would “gain” money that had been lost. Meanwhile, trade deficits are also affected by macroeconomic factors, such as the relative strength of currencies, economic growth rates, and savings and investment rates.

The White House did not respond to a request to comment on why Trump consistently says the United States runs a trade deficit with Canada when official government figures show a surplus. According toour database of Trump’s false and misleading claims, he has made this false claim about Canada at least 10 times.

More: Analysis | Here’s why Trump keeps saying — wrongly — the U.S. has a trade deficit with Canada

Trump is conveniently ignoring trade in services - which gives the U.S. an overall trade "surplus" with Canada.

Blah blah blah...everyone is a genius economist this year. Looks a bit like predicting the weather.

 

[oreo]

Apparently, in Trumpland, trade in services simply does not count, even though it’s a big part of U.S. trade. In fact, the World Trade Organizationsays that trade in services is the “most dynamic segment in world trade, growing more quickly than trade in goods.” The United States is the dominant player, a fact highlighted by the 2018 annual report of the Council of Economic Advisers, released in February and signed by the president: “Focusing only on the trade in goods alone ignores the United States’ comparative advantage in services.”

Trade in services includes, among other things, telecommunications, accounting and legal services, and tourism. It’s not perhaps as solid and shiny as steel, but it’s a real export. In 2016, the U.S. services surplus was almost $25 billion, resulting in an overall trade surplus with Canada of $12.5 billion, according to the U.S. Trade Representative. (The Commerce Department’s Bureau of Economic Analysis says the surplus was $7.7 billion in 2016 and nearly $2.8 billion in 2017.)

The 2018 CEA report even includes a chart showing Canada has a trade surplus.

The president frequently suggests the United States is losing money with these deficits, but countries do not “lose” money on trade deficits. A trade deficit simply means that people in one country are buying more goods from another country than people in the second country are buying from the first.

Americans want to buy these products from overseas, either because of quality or price. If Trump sparked a trade war and tariffs were increased on Canadian goods, then it would raise the cost of those products to Americans. Perhaps that would reduce American purchases of those goods, and thus reduce the trade deficit, but that would not mean the United States would “gain” money that had been lost. Meanwhile, trade deficits are also affected by macroeconomic factors, such as the relative strength of currencies, economic growth rates, and savings and investment rates.

The White House did not respond to a request to comment on why Trump consistently says the United States runs a trade deficit with Canada when official government figures show a surplus. According toour database of Trump’s false and misleading claims, he has made this false claim about Canada at least 10 times.

More: Analysis | Here’s why Trump keeps saying — wrongly — the U.S. has a trade deficit with Canada

Trump is conveniently ignoring trade in services - which gives the U.S. an overall trade "surplus" with Canada.

Yeah, you just run out and tell the dairy farmers in northern US States all this isn't costing them anything. LMAO


.

Anytime you want to put a verifiable credible link out of your ass to verify that feel free to do so.

Here Asshole. Will this do?

A guide to understanding the dairy dispute between the U.S. and Canada

Last sentence of your article: "The United States enjoys a large dairy trade surplus with Canada."

 

[cnm]

So we busted their ass on Canadian timber products. They want to play, we'll play.

You do know you have a trade surplus in goods and services with them, right?

 

[cnm]

"The United States enjoys a large dairy trade surplus with Canada."

What on earth are you doing injecting reality into this discussion? It's with Trumpers, don't you know.

 

[oreo]

"The United States enjoys a large dairy trade surplus with Canada."

What on earth are you doing injecting reality into this discussion? It's with Trumpers, don't you know.

I know they apparently don't read to well.

 

[OKTexas]

So we busted their ass on Canadian timber products. They want to play, we'll play.

You do know you have a trade surplus in goods and services with them, right?

So what?


.

 

[Lakhota]

Apparently, in Trumpland, trade in services simply does not count, even though it’s a big part of U.S. trade. In fact, the World Trade Organizationsays that trade in services is the “most dynamic segment in world trade, growing more quickly than trade in goods.” The United States is the dominant player, a fact highlighted by the 2018 annual report of the Council of Economic Advisers, released in February and signed by the president: “Focusing only on the trade in goods alone ignores the United States’ comparative advantage in services.”

Trade in services includes, among other things, telecommunications, accounting and legal services, and tourism. It’s not perhaps as solid and shiny as steel, but it’s a real export. In 2016, the U.S. services surplus was almost $25 billion, resulting in an overall trade surplus with Canada of $12.5 billion, according to the U.S. Trade Representative. (The Commerce Department’s Bureau of Economic Analysis says the surplus was $7.7 billion in 2016 and nearly $2.8 billion in 2017.)

The 2018 CEA report even includes a chart showing Canada has a trade surplus.

The president frequently suggests the United States is losing money with these deficits, but countries do not “lose” money on trade deficits. A trade deficit simply means that people in one country are buying more goods from another country than people in the second country are buying from the first.

Americans want to buy these products from overseas, either because of quality or price. If Trump sparked a trade war and tariffs were increased on Canadian goods, then it would raise the cost of those products to Americans. Perhaps that would reduce American purchases of those goods, and thus reduce the trade deficit, but that would not mean the United States would “gain” money that had been lost. Meanwhile, trade deficits are also affected by macroeconomic factors, such as the relative strength of currencies, economic growth rates, and savings and investment rates.

The White House did not respond to a request to comment on why Trump consistently says the United States runs a trade deficit with Canada when official government figures show a surplus. According toour database of Trump’s false and misleading claims, he has made this false claim about Canada at least 10 times.

More: Analysis | Here’s why Trump keeps saying — wrongly — the U.S. has a trade deficit with Canada

Trump is conveniently ignoring trade in services - which gives the U.S. an overall trade "surplus" with Canada.

Blah blah blah...everyone is a genius economist this year. Looks a bit like predicting the weather.

Yeah, ain't "real" facts a bitch. Less fun than "alternative" facts.

 

[cnm]

So what?

Don't you want to keep it, to the US' advantage? That's what Trump apparently wants, is he pretending about that?

 

[IsaacNewton]

Canada and the EU should just make a statement that when the US elects an adult they will be ready and eager to negotiate on any issue. Until then orange turd needs to stay in his crib.

 

[OKTexas]

So what?

Don't you want to keep it, to the US' advantage? That's what Trump apparently wants, is he pretending about that?

What do I want, how about free trade, isn't that what the "FT" in NAFTA stands for?


.

 

[DJT for Life]

Canada and the EU should just make a statement that when the US elects an adult they will be ready and eager to negotiate on any issue. Until then orange turd needs to stay in his crib.

Why don't they then? Huh? Why don't they?

Because their ass would be cooked if they couldn't trade with America.

They're used to America kissing their ass, when in actuality, they should have
always kissed our ass. Now we're making them kiss our ass, and the Media
and the fucking left, can't stand it.

The EU and Canada know and understand that the media will always take
their side in any dispute with the President. Unless, of course, the President
is a ni$$er.

That's what's going on now. Trump ain't gonna budge off of that, and he
shouldn't.

The Europeans and Canucks have nowhere near the income we have off
of our citizens (Income tax). They must have tariffs to keep from going
under. That's their fucking problem, not ours. That is the first rule of
good business..."Never make somebody else's problem our problem."

btw...I knew what the last sentence read. That's why I used that story.
It's from a Canadian/UK paper. They become truthful with the entire story
until they close with that nonsense.

Canada is in deep shit right now and Trudeau knows it yet he's too young
and/or stupid to understand he needs to shut his mouth. The Donald is
holding all the aces, and he's not going to let any of them save face.

 

[Harpy Eagle]

So what?

Don't you want to keep it, to the US' advantage? That's what Trump apparently wants, is he pretending about that?

What do I want, how about free trade, isn't that what the "FT" in NAFTA stands for?


.

Define free trade?

You all like to talk about the tariffs Canada has on our dairy products, yet you ignore than more than 70% of what dairy farmers in the US make comes from government subsidies. So we are really no different than Canada, we just use a different tool to keep things we do not want out of the country.

 

[Slyhunter]

So what?

Don't you want to keep it, to the US' advantage? That's what Trump apparently wants, is he pretending about that?

What do I want, how about free trade, isn't that what the "FT" in NAFTA stands for?


.

Define free trade?

You all like to talk about the tariffs Canada has on our dairy products, yet you ignore than more than 70% of what dairy farmers in the US make comes from government subsidies. So we are really no different than Canada, we just use a different tool to keep things we do not want out of the country.

If Canada didn't charge 270% tariff on our dairy maybe we wouldn't need to subsidize it.

 

[Harpy Eagle]

So what?

Don't you want to keep it, to the US' advantage? That's what Trump apparently wants, is he pretending about that?

What do I want, how about free trade, isn't that what the "FT" in NAFTA stands for?


.

Define free trade?

You all like to talk about the tariffs Canada has on our dairy products, yet you ignore than more than 70% of what dairy farmers in the US make comes from government subsidies. So we are really no different than Canada, we just use a different tool to keep things we do not want out of the country.

If Canada didn't charge 270% tariff on our dairy maybe we wouldn't need to subsidize it.

Of maybe if we didn't subsize it , Canada would not need to charge a 270% tariff.

 

[jc456]

Apparently, in Trumpland, trade in services simply does not count, even though it’s a big part of U.S. trade. In fact, the World Trade Organizationsays that trade in services is the “most dynamic segment in world trade, growing more quickly than trade in goods.” The United States is the dominant player, a fact highlighted by the 2018 annual report of the Council of Economic Advisers, released in February and signed by the president: “Focusing only on the trade in goods alone ignores the United States’ comparative advantage in services.”

Trade in services includes, among other things, telecommunications, accounting and legal services, and tourism. It’s not perhaps as solid and shiny as steel, but it’s a real export. In 2016, the U.S. services surplus was almost $25 billion, resulting in an overall trade surplus with Canada of $12.5 billion, according to the U.S. Trade Representative. (The Commerce Department’s Bureau of Economic Analysis says the surplus was $7.7 billion in 2016 and nearly $2.8 billion in 2017.)

The 2018 CEA report even includes a chart showing Canada has a trade surplus.

The president frequently suggests the United States is losing money with these deficits, but countries do not “lose” money on trade deficits. A trade deficit simply means that people in one country are buying more goods from another country than people in the second country are buying from the first.

Americans want to buy these products from overseas, either because of quality or price. If Trump sparked a trade war and tariffs were increased on Canadian goods, then it would raise the cost of those products to Americans. Perhaps that would reduce American purchases of those goods, and thus reduce the trade deficit, but that would not mean the United States would “gain” money that had been lost. Meanwhile, trade deficits are also affected by macroeconomic factors, such as the relative strength of currencies, economic growth rates, and savings and investment rates.

The White House did not respond to a request to comment on why Trump consistently says the United States runs a trade deficit with Canada when official government figures show a surplus. According toour database of Trump’s false and misleading claims, he has made this false claim about Canada at least 10 times.

More: Analysis | Here’s why Trump keeps saying — wrongly — the U.S. has a trade deficit with Canada

Trump is conveniently ignoring trade in services - which gives the U.S. an overall trade "surplus" with Canada.

You need a new gig!

 

[Thinker101]

Apparently, in Trumpland, trade in services simply does not count, even though it’s a big part of U.S. trade. In fact, the World Trade Organizationsays that trade in services is the “most dynamic segment in world trade, growing more quickly than trade in goods.” The United States is the dominant player, a fact highlighted by the 2018 annual report of the Council of Economic Advisers, released in February and signed by the president: “Focusing only on the trade in goods alone ignores the United States’ comparative advantage in services.”

Trade in services includes, among other things, telecommunications, accounting and legal services, and tourism. It’s not perhaps as solid and shiny as steel, but it’s a real export. In 2016, the U.S. services surplus was almost $25 billion, resulting in an overall trade surplus with Canada of $12.5 billion, according to the U.S. Trade Representative. (The Commerce Department’s Bureau of Economic Analysis says the surplus was $7.7 billion in 2016 and nearly $2.8 billion in 2017.)

The 2018 CEA report even includes a chart showing Canada has a trade surplus.

The president frequently suggests the United States is losing money with these deficits, but countries do not “lose” money on trade deficits. A trade deficit simply means that people in one country are buying more goods from another country than people in the second country are buying from the first.

Americans want to buy these products from overseas, either because of quality or price. If Trump sparked a trade war and tariffs were increased on Canadian goods, then it would raise the cost of those products to Americans. Perhaps that would reduce American purchases of those goods, and thus reduce the trade deficit, but that would not mean the United States would “gain” money that had been lost. Meanwhile, trade deficits are also affected by macroeconomic factors, such as the relative strength of currencies, economic growth rates, and savings and investment rates.

The White House did not respond to a request to comment on why Trump consistently says the United States runs a trade deficit with Canada when official government figures show a surplus. According toour database of Trump’s false and misleading claims, he has made this false claim about Canada at least 10 times.

More: Analysis | Here’s why Trump keeps saying — wrongly — the U.S. has a trade deficit with Canada

Trump is conveniently ignoring trade in services - which gives the U.S. an overall trade "surplus" with Canada.

Yeah, you just run out and tell the dairy farmers in northern US States all this isn't costing them anything. LMAO


.

Anytime you want to put a verifiable credible link out of your ass to verify that feel free to do so.

Here Asshole. Will this do?

A guide to understanding the dairy dispute between the U.S. and Canada

Last sentence of your article: "The United States enjoys a large dairy trade surplus with Canada."

Make up your fricken mind, you want to talk tariffs or trade?

 

[jc456]

Apparently, in Trumpland, trade in services simply does not count, even though it’s a big part of U.S. trade. In fact, the World Trade Organizationsays that trade in services is the “most dynamic segment in world trade, growing more quickly than trade in goods.” The United States is the dominant player, a fact highlighted by the 2018 annual report of the Council of Economic Advisers, released in February and signed by the president: “Focusing only on the trade in goods alone ignores the United States’ comparative advantage in services.”

Trade in services includes, among other things, telecommunications, accounting and legal services, and tourism. It’s not perhaps as solid and shiny as steel, but it’s a real export. In 2016, the U.S. services surplus was almost $25 billion, resulting in an overall trade surplus with Canada of $12.5 billion, according to the U.S. Trade Representative. (The Commerce Department’s Bureau of Economic Analysis says the surplus was $7.7 billion in 2016 and nearly $2.8 billion in 2017.)

The 2018 CEA report even includes a chart showing Canada has a trade surplus.

The president frequently suggests the United States is losing money with these deficits, but countries do not “lose” money on trade deficits. A trade deficit simply means that people in one country are buying more goods from another country than people in the second country are buying from the first.

Americans want to buy these products from overseas, either because of quality or price. If Trump sparked a trade war and tariffs were increased on Canadian goods, then it would raise the cost of those products to Americans. Perhaps that would reduce American purchases of those goods, and thus reduce the trade deficit, but that would not mean the United States would “gain” money that had been lost. Meanwhile, trade deficits are also affected by macroeconomic factors, such as the relative strength of currencies, economic growth rates, and savings and investment rates.

The White House did not respond to a request to comment on why Trump consistently says the United States runs a trade deficit with Canada when official government figures show a surplus. According toour database of Trump’s false and misleading claims, he has made this false claim about Canada at least 10 times.

More: Analysis | Here’s why Trump keeps saying — wrongly — the U.S. has a trade deficit with Canada

Trump is conveniently ignoring trade in services - which gives the U.S. an overall trade "surplus" with Canada.

Yeah, you just run out and tell the dairy farmers in northern US States all this isn't costing them anything. LMAO


.

Anytime you want to put a verifiable credible link out of your ass to verify that feel free to do so.

Huh?

 

[jc456]

Canada has a tariff of 270% on US dairy products.

So what?

There you go folks! True ignorance out in the open.

 

[Lakhota]

The bottom line is the U.S. has a trade surplus with Canada.