Aug 21, 2018

Are Trump's Tariffs Actually Increasing the Trade Deficit?

Veronique de Rugy Senior Research Fellow

President Trump isn't going to be happy. The U.S. trade deficit expanded in June, at its fastest rate since November 2016. Also, $291 billion was added to that gap in the first six months of 2018, compared with $272 billion in the first half of 2017. And wait until he finds out that in spite of the tariffs he imposed on billions of dollars in imports, those imports grew slightly while exports are going down...

Continue reading: Are Trump's Tariffs Actually Increasing the Trade Deficit?

Photo credit: Stephen B. Morton/AP/REX/Shutterstock

By permission of Veronique de Rugy and Creators Syndicate.

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