March 14, 2024
The US trade deficit in goods with Canada and Mexico reached an all-time high in 2023 of over $220 billion — and despite what you may hear from certain former US presidents, that’s a good thing. Yes, more money than ever is leaving the US and going to the neighbors. And in exchange, American consumers get more stuff from their neighbors than ever before and for better prices than they can find at home.
Trade skeptics will argue it costs US jobs, but Canadian and Mexican consumers bought plenty of US goods — the US exported over $676 billion in products to its neighbors in 2023. That’s the magic of trade agreements: Efficiency. Everyone spends less and makes more, freeing up capital to reinvest, grow businesses, and set off a virtuous cycle.More For You
- YouTube
On Ask Ian, Ian Bremmer breaks down the steady escalation of US pressure on Venezuela and why direct military action is now a real possibility.
Most Popular
Global conflict was at a record high in 2025, will 2026 be more peaceful? Ian Bremmer talks with CNN’s Clarissa Ward and Comfort Ero of the International Crisis Group on the GZERO World Podcast.
- YouTube
On Ian Explains, Ian Bremmer takes a look at the growing surge in global conflict and the ripple effects of so much violence, war, and armed struggle throughout the world.
Immigration and Customs Enforcement (ICE) agents check the identity documents of a group of agricultural workers at a grocery store parking lot during an immigration raid in Mecca, California, U.S. December 19, 2025.
REUTERS/Daniel Cole
A year into US President Donald Trump’s second term, America’s immigration policy has undergone one of its most sweeping resets in decades.
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.