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To calculate its ‘reciprocal tariffs’, the Trump administration has opted for a crude formula with no basis in trade theory. We are all going to pay the price.
The Trade Deficit is one of the two components of the twin deficits; the other being the federal budget deficit.
The faster the U.S. economy grows, the more imports Americans tend to buy and the wider trade deficits tend to get.
In February, the overall U.S. trade deficit was $122.7 billion, down $8 billion from January when it was at a record high, according to the U.S. Bureau of Economic Analysis and the U.S. Census ...
Are you wondering what trade deficits are and what all the hoopla is about regarding President Donald Trump's trade war? Here are some terms and facts to help you understand. A trade imbalance ...
Photo: Michael M. Santiago/Getty Images/Tomishige/The Asahi Shimbun via Getty Images The U.S. trade deficit is easily understood without any reference to international finance. We have a trade ...
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