Not only did the trade deficit increase, it increased exactly where Trump said it wouldn’t - News Summed Up

Not only did the trade deficit increase, it increased exactly where Trump said it wouldn’t


— Donald J. Trump (@realDonaldTrump) July 3, 2015We learned on Wednesday morning that, in broad strokes, Trump’s effort has been unsuccessful: The trade deficit has climbed during his presidency. (Philip Bump/The Washington Post)If we consider goods alone — precisely the deficit Trump pledged would shrink — we see it has hit its widest margin in decades. For a few months after Trump took office, the overall trade balance in goods improved slightly. That was a drop in the trade deficit in manufactured goods that occurred in November. In some places, the trade balance has improved (green circles), with the surplus growing or the deficit decreasing.


Source: Washington Post March 06, 2019 17:19 UTC



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