Did you hear Marcon's statement alluding to how it's 'important to follow rules we make' and Trump's counter 'I make trade an issue in every deal' (losely paraphrasing) during the joint press conference today?
What’s at risk?
$250B x 2 / year.
What the taxpayers don’t know.
Why aren’t NK developments receiving WW praise?
We endure.
Q
$250B X2/YR .. roughly equal to EU trade for 2016. Exports totaled $501 billion; Imports totaled $592 billion.
The EU combined is the #1 Export and #2 Import area for the US.
Additionally the US pays to play in each area of the UN. We can choose not to participate by area. In 2014 the US contribution is reported at just under $8m.
As of 9/2017 NK top trade partners include; North Korea’s top export destinations include China, India, Pakistan, Burkina Faso and a handful of other Asian countries. Imports largely come from China, India, Russia, Thailand and the Philippines.
Sauce:
https:// ustr.gov/countries-regions/europe-middle-east/europe/european-union
https:// www.whitehouse.gov/sites/whitehouse.gov/files/omb/IAD/MASTER%20Sec%20312%20OMB%20Report_final.pdf
http:// fortune.com/2017/09/04/north-korea-countries-trade-partners-nuclear-tests/
https:// www.youtube.com/watch?v=4Jh6QfFVz5U