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2017-01-16

Why Trump attacks China and Germany

It may have someting to do with that those countries have large trade surpluses with USA, I guess.

The United States has the world's largest trade deficit and has run one since 1975. 

In 2015, the deficit on goods and services was $500.4 billion, higher than the $490.2 billion deficit in 2014. 

The deficit occurred because exports, at $2.3 trillion, were lower than imports, at $2.761 trillion. 

(Source: "U.S. International Trade in Goods and Services," U.S. Census Bureau.)

The U.S. trade deficit in goods alone was $762.5 billion, 2.4 percent higher than last year.

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