Monday, March 11, 2019

TRUMP BROKEN PROMISE - Trade Deficit

"Despite Trump’s tariffs, the U.S. trade deficit keeps growing" PBS NewsHour 3/7/2019

Excerpt

SUMMARY:  The economy, and the U.S. trade deficit specifically, is a major focus of President Trump’s agenda, driving his decision to impose tariffs on Chinese goods.  But the latest data indicates the trade gap is actually growing, to its highest level in over a decade.  Amna Nawaz talks to the Brookings Institution's David Wessel about rising American consumption and a healthy way to manage the deficit.

No comments: