Trump has been talking non-stop since 2015 about how he is going to get tough on China and every other nation when it comes to trade agreements and trade deficits.
If Trump was effective (which he is not), then our exports should have increased and/or our
Let’s see if he has lived up to his promises on reducing our trade deficits…
U.S. & All Nations: Average Annual Trade Deficit
Trump: $840 bn
Obama: $688 bn
Bush: $662 bn
Trump’s average annual trade deficits with all nations have been $152 billion worse than Obama’s despite all of Trumps “tough talk” about getting tough on trade agreements.
U.S. & China: Average Annual Trade Deficit
Trump: $380 bn
Obama: $311 bn
Clinton: $48 bn
Trump’s average annual trade deficits with China have been $69 billion worse than Obama’s despite all of Trumps “tough talk” about getting tough on China.
The numbers clearly show that Trump has failed to deliver for the American people.
What do we do when someone fails to deliver on their promised results (corporate CEO, NFL coach, etc.)?
We fire them and hire someone new to get the job done.
Sources:
census.gov/foreign-trade/…
census.gov/foreign-trade/…
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