US Trade 61321

The US Trade Deficit in 2019 was $800B. US companies preferred to keep their Chinese supply chains, despite China’s continued intellectual property theft.

US tariffs amounted to $80 Billion in 2020.

https://taxfoundation.org/tariffs-trump-trade-war/

 

Goods traded 1/21-4/21 in $Billions

2020- 2021     Exports   Imports   Deficit   Surplus

All Countries    548.0       862.8      314.8             100%

Top 15             389.1       675.6      286.5              75.5%

Mexico              86.6       122.0        35.4

Canada             96.8       107.0        10.2

China                46.6       151.0       104.4

Japan                23.9        44.2         20.3

Germany           20.8        42.7         21.9

S Korea             21.9        28.7           6.8

UK                     19.6        17.5                         1.8

Vietnam              3.8         31.2         18.9

India                   12.3        21.7           9.4

Taiwan               11.7        21.8         10.1

Switzerland         8.5         20.4         11.9

Ireland                 3.7         23.1        19.4

Netherlands       16.9          9.4                          7.5

France                 8.9        16.7          7.8

Italy                      7.1        18.2        11.1

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

US Imports, Exports and Deficits are listed by year below.

Year    Imports            Exports             Deficit

2019   $1.513982.0T   $2.293233.2T   $-799.251.2B

2018   $1.665992.0T   $2.540805.7T   $-874.813.7B

2017   $1.546473.5T   $2.339884.0T   $-793.410.6B

2016   $1.451459.7T   $2.186785.9T   $-735.326.2B

2015   $1.503328.3T   $2.248811.4T   $-745.483.0B

2014   $1.621873.8T   $2.356356.1T   $-734.482.3B

2013   $1.578516.9T   $2.267986.7T   $-689.469.9B

2012   $1.545820.8T   $2.276267.1T   $-730.446.3B

2011   $1.482507.0T   $2.207954.0T   $-725.447.0B

2010   $1.278493.0T   $1.913858.0T   $-635.365.0B

2009   $1.056042.0T   $1.559625.0T   $-503.583.0B

2008   $1.287441.0T   $2.103641.0T   $-816.200.0B

2007   $1.148197.0T   $1.956962.0T   $-808.765.0B

2006   $1.025969.0T   $1.853939.0T   $-827.970.0B

2005    $901.081.8B    $1.673456.0T   $-722.374.2B

2004    $814.874.5B    $1.489703.0T   $-654.828.5B

2003    $724.771.0B    $1.257121.0T   $-532.350.0B

2002    $693.104.0B    $1.161366.0T   $-468.262.0B

2001    $729.100.0B    $1.140999.0T   $-411.899.0B

2000    $781.918.0B    $1.218021.0T   $-436.103.0B

1999    $695.798.0B    $1.024618.0T   $-328.820.0B

1998    $682.137.0B     $911.896.0B    $-229.759.0B

1997    $689.181.0B     $869.703.0B    $-180.522.0B

1996    $625.077.0B     $795.290.0B    $-170.213.0B

1995    $584.742.0B     $743.543.0B    $-159.801.0B

1994    $512.627.0B     $663.254.0B    $-150.627.0B

1993    $465.091.0B     $580.659.0B    $-115.568.0B

1992    $448.163.5B     $532.664.4B    $-84.500.9B

1991    $421.922.9B     $488.172.7B    $-66.249.8B

1990    $393.812.2B     $494.841.7B    $-101.029.5B

1989    $363.811.4B     $473.210.5B    $-109.399.1B

https://www.census.gov/foreign-trade/balance/c0004.html

http://ntlconsulting.blogspot.com/2020/01/us-total-trade-deficits-by-year.html

Norb Leahy Dunwoody GA Tea Party Leader