RE and economic charts: U.S.-Canada trade deficit grows wider + CAN Trade deficit cut by almost half = Is the U.S. 'debasing' its dollar, hurting other nations?

Saturday, October 16, 2010

U.S.-Canada trade deficit grows wider + CAN Trade deficit cut by almost half = Is the U.S. 'debasing' its dollar, hurting other nations?

[mEDITate-OR:
not see what others see about U.S...
and in many ways it is not pretty.

Canada is very dependent upon U.S. - like sleeping next to an elephant.
They do not see U.S. as we do, nor as we would like to think they do.

Read the last Globe & Mail article, please.
Now, you, too, see it, don't you.
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Exports to the United States rose 2.7 per cent, led by higher exports of passenger autos, while imports fell by 3.3. Canada's trade surplus with the United States increased to $2.9-billion in August from $1.5-billion in July – its first increase since December 2009.
Exports to countries other than the United States grew 4.2 per cent, while imports rose 4.5. Both gains were largely due to increases in trade with the European Union.
Canada's trade deficit with countries other than the United States rose to $4.3-billion in August from $4.1-billion in July.
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These were the eight countries with the largest trade imbalances over the United States in August:
China, $28.04 billion
Mexico, $6.04 billion
Japan, $5.83 billion
Germany, $3.43 billion
Nigeria, $2.67 billion
Ireland, $2.49 billion
Venezuela, $2.20 billion
Canada, $2.19 billion
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