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posted on 16 February 2017

Pacific Rim States Affected By Trump's War On Free Trade

from Statista.com

-- this post authored by Dyfed Loesche

U.S. President Donald Trump has taken a clear stance on free trade agreements like the Trans-Pacific Partnership (TPP) and the North American Free Trade Agreement.

U.S. President Donald Trump has taken a clear stance on free trade agreements like the Trans-Pacific Partnership (TPP) and the North American Free Trade Agreement.

The former he scrapped before it could come in to effect by means of one of his first presidential orders signed since taking office on January 20. The latter, which includes Canada & Mexico, he wants to have revised.

China is the Pacific Rim country which has been the target of a lot of criticism by Mr. Trump, him calling her a "currency manipulator", having committed the "greatest jobs theft in history", also being involved in "illegal activities". As our infographic shows, China produces many wares that are imported to the U.S., hence the pretty hefty trade deficit, which probably can’t be corrected by signing a presidential decree.

This chart shows U.S. trade balances with selected trading partners (NAFTA, TPP*, and China) and their GDP.

Infographic: Pacific Rim States Affected by Trump's War on Free Trade | Statista

You will find more statistics at Statista.

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