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I believe you're referring to the USA's "aggregate sales surplus," which measures both direct trade and sales of multinational companies--a headline making roun
by defertoreptar 8y ago
I believe you're referring to the USA's "aggregate sales surplus," which measures both direct trade and sales of multinational companies--a headline making rounds on the news this past week.
These numbers include items made in China, by Chinese jobs, using Chinese components, under a US company name. It uses total sales, and not net revenue, which would change the picture by a great deal.
- echotango 8y agoLol people won't actually address your point they just downvote your post. Hn is very classy when people bring up politics
- s73v3r_ 8y agoNo, we just don't want to waste our time arguing with someone who very clearly is not doing so in good faith.
- defertoreptar 8y ago> very clearly is not doing so in good faith. I'm confused. What do you mean by that?
- echotango 8y agoHe means he disagrees with the people he downvotes. Afterall, anyone acting in good faith would agree with him lol
- s73v3r_ 8y agoNo, not in the least. But persons who can't even be counted on to not make up their own facts are clearly not acting in good faith.
- s73v3r_ 8y agoThere is no trade deficit with Canada. At all. Claiming there is one, in the face of all facts to the contrary, is not having a discussion in good faith.
- defertoreptar 8y agoSo instead of enlightening me with these facts, you accuse me of acting in bad faith? I was under the impression that there was a trade deficit with Canada given the evidence I have found: https://www.census.gov/foreign-trade/balance/c1220.html https://www.census.gov/foreign-trade/balance/c1220.html . jeromegv said there was no trade deficit with Canada, so I assumed good faith and responded to him/her under the pretense that they were referring to the "aggregate sales surplus" figure that has been in the news recently. Can you please help me understand how I have ignored facts and acted in bad faith? I would like to fix this problem, but I do not understand where to begin.
- DomreiRoam 8y agoMy understanding is that your reference doesn't include services. I find this: https://www.usitc.gov/publications/industry_econ_analysis_332/2017/canada.htm https://www.usitc.gov/publications/industry_econ_analysis_33... and a synthesis by the WP: https://www.washingtonpost.com/news/politics/wp/2018/06/11/what-u-s-trade-with-canada-actually-looks-like/?utm_term=.526c2c88fe54 https://www.washingtonpost.com/news/politics/wp/2018/06/11/w... It seems that US and Canada trade is globally balanced.
- defertoreptar 8y agoYou're right. It looks like US - Canada services trade surplus makes up for the goods deficit.