This presentation looks at March 2017 Trade data for the United States including comments on NAFTA as well as trade data including surpluses and deficits.

1. MERCHANDISE TRADE – USA
– MARCH 2017
PAUL YOUNG CPA, CGA
MAY 4, 2017

2. PAUL YOUNG - BIO
• CPA, CGA
• SME - Financial Solutions
• SME – Business Process Changes
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
• Academia – Advance Accounting, Public
Finance and Advanced Management Systems
Contact information:
Paul_Young_CGA@Hotmail.com
Skills

3. AGENDA
• Overall Trade (Exports and Imports) by period
• Trade Surplus/(Deficits) by key market segment
• Trade Surplus /(Deficits) by major country

4. USA TRADE BALANCES
Source - USA Government

5. USA TRADE BALANCES
Source - USA Government

6. USA TRADE BALANCES
Source - USA Government
• Hong Kong ($2.9)
• South and Central America
($2.6),
• Singapore ($0.5)
• United Kingdom ($0.5)
• Brazil ($0.2)
• China ($31.4)
• European Union ($10.0)
• Mexico ($6.5)
• Japan ($6.5)
• Germany ($5.0)
• South Korea ($2.5)
• Italy ($2.1)
• Canada ($1.9)
• India ($1.7)
• OPEC ($1.6)
• Taiwan ($1.1)
• Saudi Arabia ($0.8)
• France ($0.1).
TRADE Surpluses
TRADE Deficits

7. The Trade gap was little changed at $43.7 billion (forecast was
$44.5 billion) from a revised $43.8 billion in February. Exports
decreased 0.9% to $191 billion, the biggest drop since October,
led by energy, autos and pharmaceuticals. Imports fell 0.7% to
$234.7 billion on capital goods and industrial supplies. Exports
of services rose 0.6% to a record $64.7 billion, led by finance
and maintenance and repair.
Industry Week – May 4, 2017

8. • U.S. President Donald Trump's criticism of the protected
Canadian dairy system has emboldened American farm groups to
tackle other longstanding agriculture irritants, as the countries
move toward rewriting trade rules. U.S. poultry exporters, who
include Tyson Foods Inc and Pilgrims Pride Corp, as well as egg
sellers, are expected to seek greater access to Canada's tightly
controlled market in renegotiations of the North American Free
Trade Agreement (NAFTA).
Reuters – Rod Nickel – May 4, 2017