US Trade Deficit Down

US Tariffs are moving manufacturing jobs back to the US.

The Total Monthly US Trade Deficit was lowered by $1.5 billion in July 2019.

 Deficit        Total              China

June 2019   $55.5 billion   $30.2 billion

July 2019    $54.0 billion    $29.6 billion

https://www.marketwatch.com/story/trade-deficit-falls-27-in-july-but-the-gap-is-still-as-large-as-ever-and-unlikely-to-shrink-2019-09-04

July 2019 US Foreign Trade

Country     US Imports   US Exports  

China        $260.6 B       $60.7 B

Mexico      $209.7 B      $151.4 B

Canada     $185.0 B      $172.0 B

Japan          $85.8 B       $43.4 B

Vietnam      $36.0 B         $5.9 B

Ireland        $35.1 B         $5.2 B

Germany     $73.7 B       $34.8 B

S Korea       $45.7 B       $33.0 B

UK               $36.6 B       $39.4 B

France         $34.6 B       $22.0 B 

India            $34.4 B        $20.9 B

Taiwan        $30.8 B        $17.8 B

Italy             $33.6 B        $13.7 B

Brazil           $18.6 B        $24.4 B

Netherlands $16.1 B       $29.8 B

https://www.census.gov/foreign-trade/statistics/highlights/toppartners.html

Norb Leahy, Dunwoody GA Tea Party Leader