New Trade Deficit Tracker

By Public Citizen’s Global Trade Watch

Public Citizen’s Global Trade Watch launches new Trade Deficit Tracker. Contrary to candidate Donald Trump’s pledge to speedily reduce the U.S. trade deficit, in Trump’s first year in office the goods trade deficit is larger than any time since 2008 and up 5 percent overall even in inflation-controlled terms from last year, with a significant jump in the China trade deficit and a 8 percent increase in the North American Free Trade Agreement deficit. Trump has not exercised his available executive authority to fulfill campaign pledges to limit imports, including those from firms that outsource jobs; label China a currency manipulator; revoke trade agreement waivers on “Buy America” procurement policies that outsource U.S. tax dollars to purchase imports for government use; or limit government contracts to firms that outsource jobs.

The overall 2017 U.S. goods trade deficit in inflation-controlled terms was $796 billion in 2017, up 5.4 percent or $40.9 billion from 2016, which was led by a U.S.-China goods deficit of $375 billion in 2017, up 5.5 percent and $19.5 billion from 2016. The 2017 U.S-NAFTA goods trade deficit was up 7.8 percent or $13.8 billion from 2016.

To document the significant increase in U.S. trade deficits under the Trump administration, Public Citizen’s Global Trade Watch has launched a new tracker. The tracker visualizes and tracks significant developments related to U.S. trade deficits with NAFTA partners (Canada and Mexico), and China respectively. Click here or on the image below to visit the tracker.

Posted In: Allied Approaches

Union Matters

A Broken Immigration System

From the AFL-CIO

After a week of family separation, workplace raids and even more bad legislation, it is clearer than ever that we must fix our broken immigration system.

“The Trump administration is using enforcement overreach to terrify immigrant workers and is directly threatening our freedom to stand together and fight in unions for fair pay and treatment,” said AFL‑CIO President Richard Trumka.  

Trumka added: “Nothing embodies our broken immigration system more than the unnecessary pain and suffering of our immigrant brothers and sisters as families are torn apart at the border.”

America’s broken immigration system and threats of detention and deportation have been used as leverage to lower pay, worsen benefits and make workplaces less safe for decades.

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