U.S.-China Trade Deficit Was More Than $375 billion Last Year

[damirUSBiH + 327]

According to data out this morning, the US trade deficit with China last year was $337 billion, up 9 percent from 2016! In his tweet from this morning  President Trump said: " China has been asked to develop a plan for the year of a One Billion Dollar reduction in their massive Trade Deficit with the United States. Our relationship with China has been a very good one, and we look forward to seeing what ideas they come back with. We must act soon!".
Maybe, I'm not good with math, but with a $1 billion decrease per year, this plan would end the trade deficit by 2393?

[franco + 96]

Would not even so that, would just reduce by less than 1/3 of a percent. And not in a cumulative fashion.

[franco + 96]

9 minutes ago, damirUSBiH said:

Maybe, I'm not good with math, but with a $1 billion decrease per year, this plan would end the trade deficit by 2393?

Definitely, some problem with your math.

2018. + billion per year (337 billions) = 2355.

 

[franco + 96]

But the essence is the same. Bad.

[damirUSBiH + 327]

Thx. Problem is in numbers. First of all I found $375B, but later I found $337B... And made mistake.

[Pavel + 384]

A trade war with China would mean a big risk for U.S. top businesses.

[franco + 96]

They've got a plan for domination, both financially and militarily. Their currency and trade practices are burying countries they trade with in debt. So, China is a serious threat in any case.