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Re: Trump wants to narrow the trade deficit. It just reached a ten-year high. 

By: oldCADuser in FFFT3 | Recommend this post (5)
Sat, 08 Dec 18 4:37 PM | 133 view(s)
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The above is a reply to the following message:
Trump wants to narrow the trade deficit. It just reached a ten-year high.
By: clo
in FFFT3
Fri, 07 Dec 18 5:59 PM
Msg. 47288 of 65535

Surprise, the emperor has NO clothes..

Trump wants to narrow the trade deficit. It just reached a ten-year high.

By Tory Newmyer
December 7 at 8:17 AM

President Trump’s favored gauge for the health of U.S. trade is veering hard in the wrong direction.

The country’s trade deficit reached a 10-year high in October, the Commerce Department reported Thursday. The U.S. bilateral trade deficit with China also reached a monthly record, rising 7.1 percent to $43.1 billion.

more:
http://www.washingtonpost.com/news/powerpost/paloma/the-finance-202/2018/12/07/the-finance-202-trump-wants-to-narrow-the-trade-deficit-it-just-reached-a-ten-year-high/5c09931e1b326b67caba2b36/?utm_term=.681dcfa9f2f6


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