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U.S. Trade Deficit Hits 19-Month Low Due to Record-High Exports
Breitbart ^ | July 6, 2018 | by Joshua Caplan

Posted on 07/06/2018 4:08:12 PM PDT by Jim Robinson

The United States trade deficit dropped in May to the lowest level in 19 months as exports rose to a record level.

The Department of Commerce announced the May trade deficit — the difference between what America sells and what it buys in foreign markets — decreased 6.6 percent to $43.1 billion — the smallest imbalance since October 2016.

Exports climbed 1.9 percent to a record $215.3 billion. Imports were up a smaller 0.4 percent to $258.4 billion.

The Trump administration followed through with imposing tariffs on $34 billion in Chinese products on Friday. China retaliated in kind, starting what Beijing described as the “biggest trade war in economic history.”

American employers kept up a strong hiring pace in June by adding 213,000 jobs in a sign of confidence of President Donald Trump’s economic policies.

(Excerpt) Read more at breitbart.com ...


TOPICS: Breaking News; Business/Economy; Constitution/Conservatism; Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: deficit; economy; export; exports; maga; trade; tradebalance; tradedeficit; trump; trumpeconomy; trumptrade; trumpwinsagain; winning
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1 posted on 07/06/2018 4:08:12 PM PDT by Jim Robinson
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To: Jim Robinson

This is how you tackle a trade deficit.

Don’t hide behind a barrier, go out there and outsell the competition.


2 posted on 07/06/2018 4:17:25 PM PDT by semimojo
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To: Jim Robinson

Winning and grinning!


3 posted on 07/06/2018 4:21:57 PM PDT by Enterprise
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To: Jim Robinson

I call that winning.


4 posted on 07/06/2018 4:22:36 PM PDT by left that other site (For America to have CONFIDENCE in our future, we must have PRIDE in our HISTORY... DJT)
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To: semimojo

The “barrier” is just a harmless tax. It is far healthier than an income tax.


5 posted on 07/06/2018 4:25:11 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: Jim Robinson

Love it!

Go President Trump!!!


6 posted on 07/06/2018 4:26:04 PM PDT by Enlightened1
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To: Jim Robinson

Our MAGA president is the real deal!

Winning


7 posted on 07/06/2018 4:26:13 PM PDT by xzins (Retired US Army chaplain. Support our troops by praying for their victory.)
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To: Jim Robinson

Winning.

Not tired yet.

5.56mm


8 posted on 07/06/2018 4:27:39 PM PDT by M Kehoe
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To: Jim Robinson

And the Democrats rage is in Warp Drive about the President’s successes.


9 posted on 07/06/2018 4:28:49 PM PDT by Sasparilla ( I'm Not Tired of Winning)
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To: Jim Robinson
Win after win after win. He is doing almost everything he said he would in his campaign. NO president has done that in my lifetime and Reagan came closest.

If they try to impeach him there is going to be hell to pay.
10 posted on 07/06/2018 4:31:16 PM PDT by StolarStorm
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To: Jim Robinson

More winning!

I love it.


11 posted on 07/06/2018 4:41:25 PM PDT by jazusamo (Have YOU Donated to Keep Free Republic Up and Running?)
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To: Jim Robinson
WINNING!!!

12 posted on 07/06/2018 4:42:09 PM PDT by Chode ( We’re America, Bitch!)
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To: Jim Robinson

The evil Trump is wiping out a lot of our Trade deficit without firing a shot in our Trade War.

Of course you know, this is just crumbs as per/Pelosi!

This sounds so dangerous. (Full Sarcasm!)

Having fun watching the libs explode!


13 posted on 07/06/2018 4:47:42 PM PDT by Grampa Dave (Trump: "Families of American citizens murdered by illegals are permanently separated from them!)
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To: Jim Robinson

14 posted on 07/06/2018 5:06:50 PM PDT by SoFloFreeper
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To: Jim Robinson

“Magic Wand” winning!!!


15 posted on 07/06/2018 6:01:02 PM PDT by PhiloBedo (You gotta roll with the punches, and get with what's real.)
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To: Jim Robinson

With all due respect.

(and that is quite a lot, I might add)

Love the website. Love being here. This is by far and away, the single best place on the entire interwebs.

But.

We are now running the largest trade deficit in recorded human history, between two countries, EVER. With China.

Check out the data.

https://www.census.gov/foreign-trade/balance/c5700.html

Last year, was the largest recorded trade imbalance. Ever.

Now look at this year.

EVERY SINGLE MONTH (including May, which this post is about) on the entire chart, has a HIGHER TRADE DEFICIT than even last year.

We are going to set yet another trade deficit record, once again this year. It appears.

Again, I am not at all criticising you.

But really, our trade situation with China is the worst in recorded human history.

The worst.

And it continues to get even worse.

https://www.census.gov/foreign-trade/balance/c5700.html


16 posted on 07/06/2018 6:07:21 PM PDT by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: cba123

Um, Trump just started...


17 posted on 07/06/2018 6:17:30 PM PDT by StolarStorm
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To: Jim Robinson

Take that, Trudie.


18 posted on 07/06/2018 6:20:49 PM PDT by MarMema (John James for US Senate. Dump Debbie!! Let's Fly Michigan.)
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To: StolarStorm

Trump is the very first American anywhere, who is actually poised to do a single thing to support America.

EVERYONE ELSE. Has been sold out, for the entire last generation and a half.

Trump is the last person in the entire world, I would criticize. He’s number one. The best.

Ever.

He is for America. That is so refreshing.


19 posted on 07/06/2018 6:23:29 PM PDT by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: Jim Robinson
Wait - the sky... didn't fall?

Someone alert the press!

20 posted on 07/06/2018 7:35:18 PM PDT by thoughtomator (Number of arrested coup conspirators to date: 1)
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