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Quick! ... Name America's No. 1 Trading Partner

OK, pop quiz. Can you name America's No. 1 trading partner in 2006?

China? Nope. It's No. 2, despite the glut of news stories about potentially dangerous toys, toxic pet food and contaminated toothpaste.

Mexico? Wrong -- No. 3. Japan? Germany? Britain? Korea?

No, the correct answer is ... Canada! Yes, the land of Celine Dion, curling and socialized medicine is both the United States' largest market for exports and its biggest source of imports. Must be all those BlackBerries -- assuming they're not counting comedians and media types.

In honor of this honor, allow me to present "Weird Al" Yankovic's "Canadian Idiot." Apologies to Green Day.

 

Comments (Send a comment)

A couple of statistics from the Economic Policy Institute (while we wait for Canada to invade us)

....Lastly, the trade deficit also has national security implications. These economic security concerns are amplified by the special role of China, which now accounts for almost 30% of the deficit ... China is now the world's second largest holder of U.S. treasury debt, it has the largest trade surplus with the United States, and many U.S. companies are investing heavily in production facilities in China and transferring state of the art manufacturing technology there.....

Meanwhile, in Canada:
The total credit card debt of United States consumers exceeds the entire gross domestic product of Canada.

May I suggest these lines from South Park's 'Blame Canada:'

"We must blame them and cause a fuss
Before somebody thinks of blaming us!"

......fred call aka bigbro

Sent by fred call | 5:40 PM ET | 08-20-2007

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Tom Regan

Tom Regan

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