re: CBS News: Is Trump Already Winning The Trade War With China?

quote:

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The U.S. trade imbalance with China in May totaled $43.1 billion, down from the $47.2 billion posted in March

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This article is just messing up all sorts of figures.

These figures he’s citing is referring to the TOTAL INTERNATIONAL trade imbalance.

U.S. International Trade in Goods and Services

I don’t see monthly data for services, but trade imbalance for goods with China actually got larger from $25.88 billion in March to $33.19 billion in May.

Trade in Goods with China

quote:

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The U.S. trade imbalance with China in May totaled $43.1 billion, down from the $47.2 billion posted in March; it's the smallest monthly deficit since October 2016 and caps the largest three-month reduction in 10 years

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Again not true.

In February of 2016 it was $45.7 billion and in April 2016 it was $38.2 billion a nearly $7.5 reduction, and it was actually an even larger reduction the month before with $37.4 billion. Now if he’s talking about February to May that may be correct, but he explocty states March to May.

And the data I’m looking at only goes back to 2016, let alone 10 years. This is one of the most factually inaccurate articles I’ve seen, especially since they’re easily verifiable facts.