Tuesday, August 7, 2018

America's Trade Deficit Is Still Growing and That's Just Fine!

"A country is far more likely to run a trade deficit when its economy is booming and personal consumption is high," writes Daniel Drezner, a professor of international politics at Tufts University, in The Washington Post. "If Trump really wanted to shrink the trade deficit, he would push to revoke his own tax bill. But he really does not want to do this."

From Reason.com: America's Trade Deficit Is Still Growing -- And that's just fine 


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