China: 2nd largest economy. Buys 8.6% of US exports. Doesn't depend on US for weapons. Needs us more than we need them. Saudi Arabia: 19th largest economy. Buys 1.1% of US exports. Heavily depends on US weapons and assistance. Can't be confronted because we need their purchases.
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Replying to @NGrossman81
“U.S. goods and services trade with Saudi Arabia totaled an estimated $45.6B in 2017. Exports were $25.5B; imports were $20.1B. The U.S. goods and services trade surplus with Saudi Arabia was $5.4B in 2017.” And with China, we are running more than $335B trade deficit:pic.twitter.com/gm4OxBI3Co
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Replying to @LindaTangUSA
So? I run a trade deficit with the supermarket. My employer runs a trade deficit with me. It doesn't measure what you think it measures. You accidentally helped my point. Total volume of trade is an even clearer measure of the difference than just exports.
2 replies 0 retweets 1 like -
Replying to @NGrossman81
You are not doing a merchandise trade with your employer or the supermarket so that’s not a trade deficit. We don’t need to thank the country who brought us more than 300B trade deficit which made the U.S. lost millions manufacturing job and resulting high divorce rates and1/
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Replying to @LindaTangUSA @NGrossman81
millions families in financial struggle and kids can’t live with both parents. I’m not suggesting U.S. should value China or Saudi more; I’m simply suggesting that there is some problem on the
#unFairtrade practices that U.S. has to confront before it’s too late.1 reply 1 retweet 0 likes
China does stuff that's worth confronting--eg intellectual property theft-- but trade deficit doesn't inherently indicate a problem. Either way, my point is about Saudi Arabia. If the US can confront China because "they need us more than we need them," the US can confront anyone.
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