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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