Regarding your recent Associated Press article (June 4) about the U.S. trade relationship with Germany. The article said, "German companies sold $120 billion worth of goods to U.S. customers last year." At the same time, "U.S. companies sold $65 billion worth of stuff to Germany."
That might sound unfair; however, the population of the U.S. is about 300 million, while the population of Germany is about 80 million. That's slightly more than one quarter of the size of the U.S. But the Germans bought more than half as much of our stuff as we bought of theirs. So per person, they actually spend more than twice as much on our stuff as we spend on theirs.
All U.S. trade partners are either smaller or poorer than the U.S., often both. We should be careful about claiming that an inherently unbalanced relationship is necessarily unfair.