Trump can't find any US trade surpluses. Here you go, Mr. President

Trump can't find any US trade surpluses. Here you go, Mr. President
Trump can't find any US trade surpluses. Here you go, Mr. President

Trump has heavily criticized international trade deals and U.S. trade deficits with Mexico and China, in particular. He has called to renegotiate the North American Free Trade Agreement and pledged to negotiate bilateral trade deals instead of pursuing the Trans-Pacific Partnership, an Obama-era pact.

Trump's comments Thursday supporting his stances skew the facts about America's trade relationships. The U.S. has a merchandise trade surplus with key partners, including the United Kingdom, Brazil, Belgium, and the Netherlands.

"I actually said to my people, find a country where we actually do well," he said. "So far, we haven't found that country. It's just losses with everybody and we're going to turn that around."

On Thursday, Trump highlighted the U.S. deficits with Mexico and China. He called the relationship with Mexico "unsustainable" and said, "We're not going to let it happen."

CNBC

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