As the North American Free Trade Agreement negotiations unfold, there is a lot of loose talk being exchanged about automobile parts going back and forth among the United States, Canada and Mexico. NAFTA supporters assert that the U.S. content in cars assembled in Canada and Mexico is particularly high and that therefore our $70 billion-plus trade deficits with our NAFTA partners are not worrisome...

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...

The trade deficit with Mexico and Japan was found to be growing at an alarming rate following the release of March 2017 U.S. International Trade in Goods and Services monthly data by the Department of Commerce. The trade deficit increased by $363 million with Mexico and by $1.6 billion with Japan from February to March of this year. “The United States can no longer sustain this inflated trade...