News that doesn't receive the necessary attention.

Wednesday, November 9, 2016

US trade deficit with Mexico was $5.2 billion in Sept. 2016 making 22 straight years of US deficits with Mexico under 'America Last' NAFTA. China is #1 in 'America Last' bonanza: In 2015 US trade deficit with China was over $367 billion-CNS News, US Census Bureau

"In 2015, the United States ran its largest merchandise trade deficit with China--a record $367,172,900,000, according to the Census Bureau."

Nov. 8, 2016, "U.S. Completes 22 Straight Years of Merchandise Trade Deficits With Mexico," CNS News, Terence P. Jeffrey

"The United States ran a merchandise trade deficit of $5,243,300,000 with Mexico in September, according to newly released data from the U.S. Census Bureau.

That completes 22 straight years in which the United States has run monthly merchandise trade deficits with Mexico.

The last time the United States ran a merchandise trade surplus with Mexico was September 1994—when the U.S. ran a $4,700,000 bilateral surplus with its southern neighbor.

The U.S. Census Bureau has published monthly figures on the export and import of goods to and from Mexico going back to January 1985. In the 31 complete calendar years that have passed since then (1985 through 2015), the United States has run merchandise trade surpluses with Mexico in four years and deficits in 27 years.

Three of those years—1991,1992,1993—were before the North American Free Trade Agreement took effect. The fourth year the United States ran a merchandise trade deficit with Mexico—1994—was the first year NAFTA took effect....

Prior to 1991, the U.S. ran up a 45-month stretch of merchandise trade deficits with Mexico, running from January 1985 through September 1988. That string was broken when the U.S. ran a merchandise trade surplus with Mexico of $49,100,000 in October 1988.

NAFTA—which created a free-trade zone between Mexico, the United States and Canada--was signed by the then-lame-duck President George H.W. Bush in December 1992. The deal was not ratified as a treaty, which under the U.S. Constitution would have required a two-thirds majority in the Senate for ratification. Instead, it was approved on a so-called “fast-track” that required only majority votes in both the House and Senate.

The House and Senate approved the NAFTA in 1993 and President Bill Clinton signed it in December 1993....

As of September 2016, the U.S. had run merchandise trade deficits with Mexico for 264 straight months.

In 1994, the U.S. merchandise trade surplus with Mexico was $1,349,800,000. In 2015, the U.S. merchandise trade deficit with Mexico was $60,662,8000.

In the first nine months of 2016 (January through September), the U.S. merchandise trade deficit with Mexico has been $46,811,500,000.

In February of this year, the Obama administration signed the Trans-Pacific Partnership (TPP) trade agreement, which includes Mexico and Canada as well as nine other countries, and which now needs to be approved by Congress to take effect....

The Congressional Research Service says the TPP is intended to be a “living agreement” that can be expanded once it is in place. “Currently, the TPP includes Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam....

“Policymakers in TPP countries have ventured that China may seek to join at some point, provided that it could adhere to the standards of the agreement,” said CRS.

In 2015, the United States ran its largest merchandise trade deficit with China--a record $367,172,900,000, according to the Census Bureau. In the first nine months of this year, the U.S. has run a merchandise trade deficit of $257,671,800,000 with China."
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Comment: Definition of Genocide:




















"What is Genocide?" GenocideWatch.org   

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Added:


11/9/16, "Wall Street, Main Street, and Global Economics With a Donald Trump Victory," tcth, sundance

"As we all begin to filter the impact of a historic Donald Trump victory, perhaps it is important to remind ourselves what should be the primary filter for perspective.the economics.

For the first time in many decades the chief executive of the United States will walk into office concerned about the fiscal stability of the United States. For the first time ever, a titan of American Main Street is going to be in the oval office. Do not downplay the significance of this aspect. Money makes the world go ’round. 

Every single global leader and politician is reviewing the U.S. election through their own domestic financial prisms. Enter, the land of Samsung, Kia etc."...






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I'm the daughter of an Eagle Scout (fan of the Brooklyn Dodgers and Mets) and a Beauty Queen.