And like a g he replaced it with something even worse.
Trade deficit of the US with Mexico in 2016: $63 billion
Trade deficit of the US with Mexico in 2020: $112 billion
Biggest increase under any president ever. Round of applause for this wonderful new USMCA deal. Oh look, Ford just announced last month to move production out of the US to Mexico again.
Yeah, maybe we should move all production to Mexico to have an even stronger alliance. What an absolute braindead take.
Trump negotiated the new USMCA trade because of the trade deficit and because companies were moving production to Mexico. And the new deal made it even worse.
And btw. The trade deficit of the US with China is over $300 billion. As high as under Obama.
Why is the USMCA deal better than the NAFTA deal? US exports to Mexico are down. US imports from Mexico are up. Production is shifted from the US to Mexico. Didn't Trump say that the new deal would be fair and stop this?
And like a g he replaced it with something even worse.
Trade deficit of the US with Mexico in 2016: $63 billion
Trade deficit of the US with Mexico in 2020: $112 billion
Biggest increase under any president ever. Round of applause for this wonderful new USMCA deal. Oh look, Ford just announced last month to move production out of the US to Mexico again.
https://www.cleveland.com/news/2021/03/fords-plan-to-move-avon-lake-production-to-mexico-irks-union.html
Works like intended.
Yeah, maybe we should move all production to Mexico to have an even stronger alliance. What an absolute braindead take.
Trump negotiated the new USMCA trade because of the trade deficit and because companies were moving production to Mexico. And the new deal made it even worse.
And btw. The trade deficit of the US with China is over $300 billion. As high as under Obama.
As high as under Obama.
They didn't increase. Down by 10% during Trumps term.
https://www.census.gov/foreign-trade/balance/c2010.html
Why is the USMCA deal better than the NAFTA deal? US exports to Mexico are down. US imports from Mexico are up. Production is shifted from the US to Mexico. Didn't Trump say that the new deal would be fair and stop this?