Trump doesn't talk as much about trade deficits anymore. Because they're getting worse (wages, Obama)

[beb0p]

Boy, who'd have thunk trade war is bad, eh?

Trump doesn't talk as much about trade deficits anymore. Because they're getting worse

President Trump built his trade policy on an obsession with cutting fat U.S. deficits with China, Mexico, Europe and others. But for weeks, Trump has barely mentioned that once-singular economic focus. No tweets about trade deficits since July. And the subject was conspicuously missing from his 371-word statement Monday announcing new tariffs on $200 billion worth of Chinese imports.

The reason? U.S. trade deficits have soared since he took office, driven up by strong consumer spending but also by the blizzard of tariffs he unleashed to lower deficits. Eager to avoid anticipated higher prices, American businesses have responded to tariffs by ramping up imports from China and elsewhere.

The overall U.S. trade deficit rose 10% last year to $552 billion, after being flat the prior two years. The deficit surged another 7% this year through July.

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[Huckleberry3911948]

Of course they are getting worse my last chance to get another salad gun
What do you think the obama gun bans did for gun sales

[Huckleberry3911948]

The great fear in America is that the new bourgeoisie will lose their underpaid exploited help and their slave produced Chinese goods and that the blue collar poor whites you contemptuously called red neck and white trash will get jobs paying living wages

[phma]

People with more money in their pocket buy more. How do you think the new tariffs will effect it when they go into effect ? More buying at higher prices or less ? What will happen if we enter phase 3 ?
Until a plan is fully in effect the short term judgement is shortsighted.