US trade deficits with other countries can vary significantly, depending on how they’re measured


In China, Trump faces a rising superpower with the economic might to hold its own.

US President Donald Trump has frequently criticised America’s trade deficit with China, and in recent weeks he has threatened to impose tariffs on Chinese products as a means of reducing that imbalance.

Trump’s emphasis on Beijing is hardly surprising: The United States runs a far larger merchandise trade deficit with China than with any other nation. 

But when the trade deficit is measured in other ways – including on a per capita basis – the US actually has a larger imbalance with countries other than China.

Click here for the report: http://www.pewresearch.org/fact-tank/2018/04/20/u-s-trade-deficits-with-other-countries-can-vary-significantly-depending-on-how-theyre-measured/

 

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