The US trade deficit with the Chicom regime
The United States in 2023 imported $427.2 billion in merchandise from the People’s Republic of China, a nation that the U.S. government reports is ruled by a communist regime that is engaging in genocide.
Because the United States exported only $147.8 billion in merchandise to China in 2023, according to the numbers published by the U.S. Census Bureau, the $427.2 billion this country imported from China resulted in a bilateral trade deficit of $279.4 billion.
That was the largest bilateral trade deficit the United States ran with any nation last year.
It was also 83.3% larger than the $152.4 billion trade deficit that the United States ran with Mexico — which was the only country the United States imported more goods from in 2023 ($475.6 billion) than China.
Ten of the top 33 items that the U.S. imported from individual countries in 2023 came from China, according to the Census Bureau data.
The top U.S. bilateral import from any nation was Canadian crude oil. Americans paid $92.53 billion for that product in 2023.
The second largest was “cell phones and other household goods” from China. Americans paid $67.19 billion for those.
In fact, the $67.19 billion that Americans spent importing “cell phones and other household goods” from China in 2023 was more than the $64.3 billion they spent on all imports from the United Kingdom — or the $57.6 billion they spent on all imports from France.
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I believe the US is also importing cell phones from Taiwan. At least Mexico and Taiwan are not hostile powers.
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