TPP may indeed be bad but imports are a small part of our economy compared to Scandinavian countries (Reply #4)

In the discussion thread: With 5 MILLION manufacturing jobs already lost, we can't afford NAFTA-on-steroids TPP! [View all]

Response to Triana (Original post)

Thu Apr 21, 2016, 04:54 PM

pampango (24,691 posts)

4. TPP may indeed be bad but imports are a small part of our economy compared to Scandinavian countries

which import 2 to 3 times as much as we do. Bernie has said that he will renegotiate NAFTA (and presumably other free trade agreements). I have not heard the specifics of his renegotiation but I hope it includes labor rights, environmental standards and business regulation.

The United States has a $178 billion goods trade deficit with its 20 free trade agreement (FTA) partners.

And our overall trade deficit in 2015 is $736 billion. We do about 40% (39.5%) of our trade with "FTA partners". 24% of our trade deficit is with them. Our trade deficit is worse with non-"FTA partners" than it is with those 20 partners.

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Replies to this discussion thread

4 replies	Author	Time	Post
With 5 MILLION manufacturing jobs already lost, we can't afford NAFTA-on-steroids TPP! [View all]	Triana	Apr 2016	OP
The 'cult' doesn't care! Nor about bank barons, fracking, mining deals at State for family.	ViseGrip	Apr 2016	#1
The TPP is what the election is about. nt	silvershadow	Apr 2016	#2
The only acceptable Liberal positions in the Clinton Party	Maedhros	Apr 2016	#3
TPP may indeed be bad but imports are a small part of our economy compared to Scandinavian countries	pampango	Apr 2016	#4

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