WASHINGTON, D.C. – The trade deficit in goods with China ballooned by 13.8 percent year-over-year while the overall trade deficit increased by 5 percent since March as imports increased slightly and exports declined following the release of the April 2017 International Trade in Goods and Services monthly data by the Department of Commerce.
“While the overall trade deficit continues to grow, it is too soon for the numbers to reflect the recent deal with China and other actions of this Administration is taking to level the balance of trade,” said Secretary Ross. “We look forward to the July 16 deadline which will open up the Chinese market to American beef, liquefied natural gas and other products.”
The U.S. goods and services deficit with China increased 5.4 percent from the fourth quarter of 2016 to the first quarter of 2017 growing from $77.714 billion to $81.901 billion.
The trade deficit widened month-to-month with China from 24.6 billion in March to 27.6 billion in April.
While the trade deficit with China grew, there was improvement in other areas. April exports to South Korea were the highest ever on record, while exports to Japan were the largest since August of 2014.
Year-to-date, the goods and services deficit increased $9.4 billion, or 7.5 percent, from the same period in 2016. Exports increased $38.0 billion or 7.1 percent. Imports increased $47.5 billion or 7.1 percent.
The April increase in the goods and services deficit reflected an increase in the goods deficit of $2.3 billion to $68.4 billion and a decrease in the services surplus of less than $0.1 billion to $20.8 billion.
These are just leftover Obananna orders – don’t fret snowflakes we patriots will solve the problem – funny thing is your corrupt party was and IS the problem – Your a large group of Anti-Americans with NO future.
You are a complete embarrassment to us Conservatives.
It’s idiots like you that take away credibility from the those of us on the right that support logic & reason.
The only thing that comes out of your mouth is pure BS.
You are a prime example of “you can’t fix stupid”.
Thank you for your post! I could not agree more, it’s guys like this that give our party a bad name. Believe me all of the Republicans I know think for themselves and use a reason and logic! This guy just post BS and makes us all look bad!
This LVS guy makes you guys look pretty stupid Too
It’s easy to make them look stupid. They are liberals and were born that way.
No, the two comments are from the Republicans and because of your off-the-wall comments and you being a Republican too you make the Republican Party look stupid LVS
Liberals are not Republicans and neither am I. I am Independent and voted Democrat until Obama came along. I knew he was a liar and could never do what he said he was going to do.
So LVS, you voted Democrat before 2008, eh? So, by your own statement that means that you voted for:
Jimmy Carter 76
Jimmy Carter 80
Walter Mondale 84
Michael Dukakis 88
Bill Clinton 92
Bill Clinton 96
Al Gore 00
John Kerry 04
Interesting, or you going to to tap dance around your own statement and deny that as you usually do?
LVS- The two commenters above are Republicans and they are complaining that the first commenter makes the Republican Party look stupid.
The next comment says that when LVS makes comments he makes the Republican Party look stupid also.
You should put down the glass Kool-Aid once in a while, I believe all that sugar is getting to your brain and you are starting to lose it my friend.
Their just selling like hell before the Trump drops the New trade agreement on them .
Hey Kool-Aid drinkers, thought your boy was going to fix this.
Since Trump took office:
“Our total trade deficit reached $186.6 billion, 13.4% above the comparable period last year.
Our deficit with China has worsened this year to reach -$123.9 billion, 6.1% worse than the comparable year-ago figure.
Our second-largest bilateral deficit was with Mexico, at -$24.6 billion, 12.3% worse than the year-earlier level.”
Ya right , Make America Great Again…pffft…blowhard liar is what Trump is.
And yet the Trumpanzees will will call this “fake news” & blame it on anyone & everyone else.
Freakin’ dumbass Trumpanzees.
So says the Greek Freak!
LVS…….. you promised not to call people names.
Read SID’s (Stupid Idiot DumbAss) comments. Full of insults. If you don’t like it, don’t read it. You probably can’t understand it anyway.
give me a ficken break, do you think Trump can solve this problem in 5 months? No way, it will happen, you will see. He will solve this problem but no way is this trend going to be reversed in 5 months. You Trump haters will be estatic when our economy actually turns around and you start making some real money, most of you have not have pay raises in years, sit back and watch what will happen in the next few years.
Thanks for the chuckle
Tomorrow’s Flavor is Strawberry/Kiwi…..Enjoy
Not quite John, the majority of the country will be ecstatic when Trump is gone.
And he will not make it through even one term.
Trump will either resign or be impeached for doing something really, really stupid.
It is not a case of if but when it will happen.
So sit back and watch it happen John.
You are absolutely correct John. This was all Obama and the Democrats know it. They are trying to start a civil war and they had better be careful what they wish for.
Dumb-ass old geezer.
That’s because you are old enough to have been around during the actual Civil War.
You are such a freakin’ numb-nuts and a lying POS.
That’s all you got?? What a weak minded dumb ass you are. Same old tired insults that no one pays a bit of attention to.
WOW-LVS- You must be drinking the Kool-Aid by the gallons to make that statment.
Those were not insults LVS, they are facts.
You are just a worthless old ass-kissing piece of crap.
And EVERYONE knows it.
The only one who pays attention is LVS. The old coot deletes those comments as quick as he can to avoid continued embarrassment.
Look at all the tired old insults by the mental midget who goes by Anonymous because he doesn’t have the guts to use his name. What a chickenshit coward who is so stupid he can’t come up with anything new.
Dumb ass defined:
A person who is both dumb and an ass at the same time.
Contrast with “dumbass,” which is a conjugate of the terms, thereby creating a new class of person.
However, “dumb ass” confers a meaning by which a person is both embarrassing to the human race and of below average intelligence.
Example of a Dumb Ass: LVS
Location: Mason City Iowa