Raw Data: The US Trade Deficit

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I don’t have any special reason to post this except for the fact that trade is very much in the news following Donald Trump’s election victory. For the record, then, here’s the US trade deficit since 1980:

And just for extra fun, here’s the same chart excluding trade with China and imports of crude oil:

The main lesson here is that the US trade deficit hasn’t been spiraling out of control for the past decade. It’s been declining. And practically all of it for the past five years has been accounted for by oil and China.

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

payment methods

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