The Democrats, unions and their beloved news outlets, have gone into hyper fear mongering mode over the trade war now going on, one news outlet went so far as to let us know she did not take math in school (if she went to school) this person in hyper fear mongering mode should the viewers a Coffey mug and told her mindless viewers that this mug that now could be bought for 2.50 will cost 6.50 or more because of Trump’ tariffs on China. She is clueless of the fact that trade with China and other countries is so out of kilter they almost own us and have taken a large percent of out jobs. But the Democrats would rather have it that way and give the people free money so they do not have to work and will vote democratic in elections
MAGA BUY AMERICAN
The U.S. goods and services trade deficit with China was $335.4 billion in 2017. China is currently our largest goods trading partner with $635.4 billion in total (two way) goods trade during 2017. Goods exports totaled $129.9 billion; goods imports totaled $505.5 billion.
BY KIMBERLY AMADEO Updated May 09, 2019
The U.S. debt to China is $1.13 trillion as of February 2019. That’s 28% of the $4.02 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $22 trillion national debt is ownedby either the American people or by the U.S. government itself.
China has the greatest amount of U.S. debt held by a foreign country. Japan comes second at $1.07 trillion, followed by Brazil at $308 billion. Ireland holds $274 billion, and the United Kingdom owns $284 billion.
to be continued.