Any Coincidence That The Following Took Place Under The Obama Administration???
China has ranked as the world’s biggest exporter of goods since 2009. Official estimates put Chinese annual exports in the region of $1.904 trillion, and the country took over from the U.S in 2013 as the largest trading nation in the world…which lead to the largest trade deficit of
Read more at: https://commodity.com/china/
China gives final approval to imports of rice from US
Friday, 28 December, 2018
https://www.scmp.com/news/china/diplomacy/article/2179909/slow-cooker-china-gives-final-approval-imports-rice-us-after
Democrat Trade Deals Were Incrediably Stupid…We suffered the highest trade deficits and tarriffs on our produce.
The Obama's 2015 U.S. goods trade deficit with Mexico was -$109 billion and with Canada -$63 billion – a -$172 billion Under the North American Free Trade Agreement (NAFTA) goods deficit. ~2016
Grassley: Trump should leave NAFTA if Dems block new trade deal-01/09/19
Sen. Chuck Grassley (R-Iowa) says he would “encourage the president to back out of" the North American Free Trade Agreement (NAFTA) if Democrats reject the administration’s rewrite of the trade deal with Mexico and Canada.
"If they're reaching the point where we've got to go back to the negotiating table, I would encourage the president to pull out of NAFTA and hope that they're smart enough not to let that happen,” Grassley, chairman of the Senate Finance Committee, said Wednesday.
“Why would you want to go back to an environment where there's higher tariffs on our products sent to Mexico than them getting their products into this country?” Grassley added. “It just doesn't meet the common sense test."
https://thehill.com/policy/finance/424604-senate-chairman-trump-should-back-out-of-nafta-if-dems-block-new-trade-deal
Democrats Loved Our $181 billion U.S. trade deficit with NAFTA partners Mexico and Canada, that they wanted even more free trade deals. Another example how NWO Democrats/Rinos were out to destroy the United States of America.
Our $181 billion U.S. trade deficit with NAFTA partners Mexico and Canada…Under Obama -2015.
● one million net U.S. jobs lost because of NAFTA,
● a doubling of immigration from Mexico,
● larger agricultural trade deficits with Mexico and Canada,
● and more than $360 million paid to corporations after “investor-state” tribunal attacks on, and rollbacks of, domestic public interest policies.
The data also show how post-NAFTA trade and investment trends have contributed to:
● middle-class pay cuts, which in turn contributed to growing income inequality;
● U.S. trade deficit growth with Mexico and Canada 45 percent higher than with countries not party to a U.S. Free Trade Agreement,
● U.S. manufacturing and services exports to Canada and Mexico that have grown at less than half the pre-NAFTA rate.
https://seeingtheforest.com/what-you-need-to-know-when-obama-talks-trade/
Thank Heaven For President Trump who is reversing these disasterous insane trade deals made to weaken our country!
But the Democrats are bound and determind to destroy the USA in in trade deals, as well. (Rinos, included)
Democrats also loved Obama's Trade Deficit with China.
In August 2012, it's estimated that the U.S. lost 2.7 million jobs as a result of the U.S.-China trade deficit between 2001 and 2011, with 2.1 million of those lost in the manufacturing sector.
Along with these job losses, U.S. wages fell due to the competition with cheap Chinese labor, which has cost a typical U.S. household with two wage-earners around $2,500 per year.
The Commerce Department reported earlier this month that our November 2015 trade deficit with China was $29.8 billion. That’s $29.8 billion in one month! Our exports to China decreased $200 million to $11.1 billion and our imports from China decreased $100 million to $40.9 billion from the previous month. Think how many jobs would be created here if $29.8 billion of additional orders came in to companies making and doing things inside the U.S., and this continued every month!
In Nov. 2018… TRUMP IS SO AWESOME AT TRADE DEALS, that China in now buying our RICE.
Rice is China's #3 Export Let that sink in.
But the desperate cabal, deep staters, NWO dimwits left, started manipulating the stock markets to blame President Trump…There is no limit to how low NWO Cabal will go, as they sink into oblivian, themselves. People are finally seeing them as the evil destroyer of Sovereign Countries, that really are!