Who is your biggest trading partner Jow Forums?

Trade means imports too.

Just Mexico. Actually it probably won't do anything but the US distributers can just eat the price difference because Mexican imports are so cheap already. It's just Trump being maximally aggressive as usually. In case it's not clear he's not using tariffs as "leverage" for a deal. This was always delusional but for some reason our media class refused to admit it.

Australia's economy getting fucked for a little while by China losing trade would be a blessing in disguise, we need to learn to do shit ourselves again, this country is way too dependent on China.

and import. Honestly fuck the China, we should put some tarrifs on them

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United States: US$10.6 billion (15.6% of total Filipino exports)
Hong Kong: $9.6 billion (14.2%)
Japan: $9.5 billion (14%)
China: $8.7 billion (12.9%)
Singapore: $4.2 billion (6.3%)
Germany: $2.8 billion (4.2%)
Thailand: $2.7 billion (4%)
South Korea: $2.5 billion (3.8%)
Netherlands: $2.5 billion (3.7%)
Taiwan: $2.5 billion (3.7%)
Malaysia: $1.9 billion (2.9%)
France: $1.1 billion (1.7%)
Vietnam: $943.8 million (1.4%)
Indonesia: $866.2 million (1.3%)
Mexico: $606.7 million (0.9%)

Our economy is bleeding $200+ millions of money because most people patronize imported products than local. The only reason why we still exist is because of our overseas worker.

Vietnam is set to overtake the Philippines within 3 years

good

love vietnam

Most people here look down on majority of its ASEAN neighbors and Chinese people without us realizing we're in a much worse spot than these countries.

We're just bunch of short-sighted people who never learn from its mistakes.

Pretty sure you guys export a huge amount to China, and after that, Japan. You're in Asia dude and you will be forever find some way to accept this.

lol

Dumb mutt, your average american is going to pay for it.

for a little bit but they're going to bend the knee first

It will literally be pennies for us. The tariffs are 5%. I doubt it will affect trade at all. People are upset about them because it's just a big middle finger to Mexico and will come back to haunt other trade negotiations.

China followed by Singapore.

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>The top export destinations of Spain are France ($40.5B), Germany ($33.9B), Portugal ($24.2B), Italy ($22.7B) and the United Kingdom ($20.7B).
>The top import origins are Germany ($43.5B), France ($37.6B), China ($28.6B), Italy ($23.3B) and the United States ($14.9B).

They’re not going to bend anything because the fat retard in charge is only going to impose tariffs for two weeks tops before giving in and taking them off again. He’s fucking crazy to start so many trade wars with our biggest partners all at once. The Chinese aren’t buying our soy, if the Mexicans stop buying soy too, it’s over for Trump in Iowa.

can we be more than friends, malaysia?

Yea it's for this reason people are angry about it. The US is supposed to have SOFT power. This weaponization of tariffs and strong-arming other countries over access to US markets is eroding the edifice of US power and it will have long-term costs that are not worth whatever Trump thinks he's getting out of this.

China: US$144 billion (19.5% of Japan’s total exports)
United States: $140.6 billion (19%)
South Korea: $52.5 billion (7.1%)
Taiwan: $42.4 billion (5.7%)
Hong Kong: $34.7 billion (4.7%)
Thailand: $32.3 billion (4.4%)
Singapore: $23.4 billion (3.2%)
Germany: $20.9 billion (2.8%)
Australia: $17.1 billion (2.3%)
Vietnam: $16.4 billion (2.2%)
Indonesia: $15.8 billion (2.1%)
United Kingdom: $14 billion (1.9%)
Malaysia: $13.9 billion (1.9%)
Netherlands: $12.7 billion (1.7%)
Mexico: $11.6 billion (1.6%)

We’re in the same boat - SS China.

China: US$9.6 billion (24.9% of New Zealand’s total exports)
Australia: $5.7 billion (14.8%)
United States: $3.7 billion (9.6%)
Japan: $2.4 billion (6.3%)
South Korea: $1.2 billion (3.1%)
United Kingdom: $1 billion (2.7%)
Singapore: $832.5 million (2.2%)
Taiwan: $831.8 million (2.2%)
Hong Kong: $761.5 million (2%)
Malaysia: $702.5 million (1.8%)
Indonesia: $675.8 million (1.8%)
Thailand: $638.2 million (1.7%)
Netherlands: $586 million (1.5%)
Germany: $579 million (1.5%)
United Arab Emirates: $533.8 million (1.4%)

>The person in charge right now is Madey
You should know grandpa's script by now, he's gonna make someone a scapegoat once recession hits which is almost certain by now with our clown ministers in the ruling party.

Mutts are only going to fuck themselves with a trade war with Mexico, Trump is a retard.

"

Mexico was the United States' 2nd largest supplier of goods imports in 2018.

U.S. goods imports from Mexico totaled $346.5 billion in 2018, up 10.3% ($32.3 billion) from 2017, and up 60.5% from 2008. U.S. imports from Mexico are up 768% from 1993 (pre-NAFTA). U.S. imports from Mexico account for 13.6% of overall U.S. imports in 2018.

The top import categories (2-digit HS) in 2018 were: vehicles ($93 billion), electrical machinery ($64 billion), machinery ($63 billion), mineral fuels ($16 billion), and optical and medical instruments ($15 billion).

U.S. total imports of agricultural products from Mexico totaled $26 billion in 2018, our largest supplier of agricultural imports. Leading categories include: fresh vegetables ($5.9 billion), other fresh fruit ($5.8 billion), wine and beer ($3.6 billion), snack foods ($2.2 billion), and processed fruit & vegetables ($1.7 billion).

U.S. imports of services from Mexico were an estimated $25.3 billion in 2018, 0.6% ($164 million) less than 2017, but 59.3% greater than 2008 levels. It was up roughly 241% from 1993 (pre-NAFTA). Leading services imports from Mexico to the U.S. were in the travel, transport, and technical and other services sectors."
ustr.gov/countries-regions/americas/mexico#

your shithole would collapse if that happened, lol

we have a huge trade deficit with them

they are ripping us off

fuck the chinese

Trade deficit means china’s producing more of what you need than you exporting what China needs you dumb monkey

Why is there so many of you dip shits that think trade needs, or ever should be, balanced?