Just one more example of the jerk’s incompetence…

 What Trump doesn't understand about trade

Canada and Mexico have far fewer people and far less money than the United States. Expecting them to buy as much from us as we buy from them is unreasonable and likely impossible.

President Donald Trump has long been obsessed with U.S. trade deficits. Most economists say the trade deficit with any one country tells you very little. Trump has seen it for decades as proof that other nations are ripping off the United States. He wants them buying more American goods and services until trade evens out. But the gap in population and income between the United States and most of our trading partners undermines his goal.

The United States has the world’s third-largest population, about 343 million. Canada, the target of Trump’s latest tariff tantrum, has fewer than 42 million. Given that gap, if every Canadian spent as much on American goods and services as every American spent on Canadian ones – per-person parity, in other words – Americans would still spend about eight times as much on Canadian products as Canadians spent on ours.

And it goes on and on, but why explain?

If you don’t understand by by now, just remove your head from your ass…