#trade-deficits

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fromemptywheel
1 month ago

Trump's Coffee for Coup Accountability Emergency - emptywheel

Large and persistent annual U.S. goods trade deficits, which have grown by over 40 percent in the past 5 years alone, reach $1.2 trillion in 2024, pose an extraordinary threat to national security.
US politics
US politics
fromwww.mediaite.com
2 months ago

Trump Commerce Secretary Unwittingly Points to the Great Depression When Being Grilled Over Trade Deficits

Lutnick's testimony revealed a disconnect in understanding trade deficits, highlighting differing economic perspectives on their implications.
fromwww.mediaite.com
3 months ago

CNN's Dana Bash Presses Commerce Secretary Lutnick on Tariffs, Plummeting Imports: How Is That a Good Thing?'

I do want to ask about the fact that there are no ships carrying goods from China bound for the west coast right now.
US politics
fromwww.nytimes.com
3 months ago

Opinion | Proof Trump Has No Idea How the Trade Deficit Works

Tax cuts will increase both budget and trade deficits, creating a cycle that negatively impacts the economy.
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