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Another US Tech Trade Deficit

Posted by kdawson on from the giant-sucking-sound dept.

eldavojohn writes "The United States is suffering again from a massive trade deficit — $38.3 billion in 2006. And it's been going on since 2002. From the press release: 'In 2006, Asia supplied 60 percent of all US imports of advanced technology products. Europe supplied more than 20 percent, and North America more than 15 percent.'"

2 of 498 comments (clear)

  1. It's true by solevita · · Score: 5, Funny

    Too many of the US' imports are coming from abroad.

  2. Re:How long by russ1337 · · Score: 5, Funny

    >>> with what money shall the US consume if it does not manufacture anything to sell for profit?

    What are you talking about? You do what the rest of us do and put it on your credit card