2020 Jan 12, 2:00pm
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20% drop in imports is good for America
Yes getting stuff we want at good prices is bad.
If you like slave labor and pollution. Not co2 but real pollution. I can't understand why some people support slavery and pollution in the name of "good prices".
Our exports to china have dropped about the same percentage.
The gap between US imports and exports shrank to its lowest level in three years in November following a 15% decline in the country’s annual trade deficit with China.A boost to US exports also improved the trade balance, fuelling concerns that Donald Trump will expand his campaign to squeeze the US trade deficit, which has so far focused on China, to include the EU and the UK.The trade gap closed by 8.2% to $43.1bn (£32.9bn) in November, the Commerce Department said, down from $46.9bn in the previous month to register the lowest monthly deficit since October 2016.US exports rose 0.7% during the month, while imports dropped 1%, helped by a slump in imports from China.
marcus saysOur exports to china have dropped about the same percentage. BONK.