Remove car imports, and U.S.-Mexico trade deficit disappears

America brings in lots of cars and auto parts from Mexico. It’s by far the No. 1 good shipped north of the border. If you take away those shipments, the U.S. wouldn’t have a trade deficit with Mexico. The U.S. imported $78 billion of cars and auto parts in 2015 from Mexico. America’s overall trade deficit with the country that year was $58 billion.