Summary: USA is world leader in LNG exports USA continues to struggle with protectionism policies USA zest for their green agenda is causing issues with sourcing critical metals USA has won a trade dispute with Canada China continues owns key areas of the green economy USA trade deficit is projected to be $900B for 2021 as compare to $858B in 2020 1. USA and China - https://theconversation.com/the-china-shock-of-trade-in-the-2000s-reverberates-in-us-politics-and-economics-and-warns-of-the-dangers-for-fossil-fuel-workers-173629 2. Solar Panels - https://prosperousamerica.org/will-u-s-solar-be-totally-owned-by-china-we-will-know-in-february/ 3. WTO - https://theconversation.com/the-china-shock-of-trade-in-the-2000s-reverberates-in-us-politics-and-economics-and-warns-of-the-dangers-for-fossil-fuel-workers-173629 4. Indo-Pacific - https://www.reuters.com/article/us-usa-china-idAFKBN2JG1IF 5. Trade Wars - https://www.bloomberg.com/news/articles/2022-01-03/stock-market-is-fixated-on-covid-with-trade-issues-percolating 6. LNG - https://oilprice.com/Latest-Energy-News/World-News/US-Overtakes-Qatar-To-Become-The-Worlds-Largest-LNG-Exporter.html 7. Oil = https://www.energyintel.com/0000017e-30bc-d2e5-a9fe-7abe76f00000 8. Dairy - https://www.energyintel.com/0000017e-30bc-d2e5-a9fe-7abe76f00000 9. Wheat - https://www.agriculture.com/news/business/higher-prices-smaller-exports-for-us-wheat 10. Critical metals - https://news.cgtn.com/news/2022-01-04/America-s-rare-earth-vulnerability-deepens-16wqHHvL5gQ/index.html 11. Energy Storage - https://www.oliverwyman.com/our-expertise/insights/2021/dec/the-us-needs-to-produce-batteries-not-just-evs0.html

1. Merchandise Trade – United
States – November 2021
Paul Young CPA CGA
January 7, 2022

2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos

3. Agenda
• Summary
• Trade Balance Summary – USA
• Analysis of Imports and Exports
• Trade by key Countries
• USA and China Trade
• Blog – Energy Crisis
• Blog – Supply Chain
• Summary

4. Trade Analysis
- USA
https://www.census.gov/forei
gn-trade/data/index.html
Foreign Trade.pdf

5. Country / Trade – USA
Source – USA government

6. Trade Analysis - USA
Source - https://www.census.gov/foreign-trade/data/index.html

7. Analysis
of
Imports
and
Exports

8. China and USA Trade

9. Blog – Is the World heading to an Energy Crisis –
October 2021
Australia exported 3-13 million tons per month of coal to China in 2020. If China needs 50 million tons per month that is
rapid increase in coal production. It is unclear in China and Australia would be able to ramp to meet the demand. China is
already in a shortage of perhaps 50 million tons per month.
If there is a rapid surge in coal importing to China, there could be overbidding that causes shortages for other Asian
countries. This will also make the supply chain problems even worse.
Prioritizing heating over electricity means more factory shutdowns.
Prioritizing heating coal imports over other supply chain means that the 200 ships waiting to get unloaded get bumped back
at the ports for hundreds of coal ships.
China having coal production problems is tough because building other sources of electricity and heating will take years.
Especially if China wants to get beyond current levels to support 6% per year GDP growth.
https://www.nextbigfuture.com/2021/10/173364.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogsp
ot%2Fadvancednano+%28nextbigfuture%29
This ties nicely to my work on energy - https://www.linkedin.com/pulse/world-heading-energy-crisis-paul-young/

10. Blog - Changes for Supply Chain Workers Needed to Save Global Economy - https://www.linkedin.com/pulse/blog-changes-
supply-chain-workers-needed-save-global-paul-young/?published=t
Transportation worker organizations have an open letter urging world leaders to remove restrictions hampering
the free movement of transport workers, and guarantee and facilitate their free and safe movement.
Land, Sea and air travel worker organizations support $20 trillion of world trade annually and represent 65
million global transport workers, and over 3.5 million road freight and airline companies, as well as more than
80% of the world merchant shipping fleet.
https://www.nextbigfuture.com/2021/09/173322.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed
%3A+blogspot%2Fadvancednano+%28nextbigfuture%29
https://www.slideshare.net/paulyoungcga/how-to-reshore-supply-chain-and-build-a-resilient-supply-chain

11. Other Sources
• If you like to learn
more about trade
and/or other
subjects as part of
your professional
learning and
development, then
feel free to review
my material on
https://www.udem
y.com/ (search Paul
Young CPA CGA