But they have virtually nothing to offer internationally hence the trade deficit, that trump is so upset about, in the first place
I don’t think it’s fair to say that America makes nothing. A big part of that trade deficit (certainly with Canada) is down to the relative size of the consumer markets - America has a population of over 330 million people to Canada’s 40 million so of course America will be a net importer of Canadian goods.
I don’t think it’s fair to say that America makes nothing. A big part of that trade deficit (certainly with Canada) is down to the relative size of the consumer markets - America has a population of over 330 million people to Canada’s 40 million so of course America will be a net importer of Canadian goods.
Doesn’t explain Europe though. European market in the American market are almost identical in terms of population size.