Commanders Post at The Warpath - View Single Post

Giantone · 08-03-2018, 08:30 PM

https://www.businessinsider.com/trum...18-8?r=UK&IR=T

President Donald Trump is losing his trade wars — at least according to his own measure of success.

The president repeatedly mentions the US trade deficit when talking about trade fights with China , the European Union , and Canada . In negotiations with China, Trump's major request was for a massive reduction in the bilateral trade deficit.

But based on the most recent trade numbers released Friday, it appears Trump is falling short in his main goal for trade battles: The US trade deficit is actually heading in the opposite direction.

The US trade deficit increased in the month of June, according to the US Census Bureau, to $46.3 billion from $43.2 billion in May. Additionally, the trade deficit for 2018 continues to outpace the shortfall in 2017.

08-03-2018, 08:30 PM	#4
Giantone Gamebreaker Join Date: Apr 2006 Posts: 14,590	Re: When is Enough ,Enough? https://www.businessinsider.com/trum...18-8?r=UK&IR=T President Donald Trump is losing his trade wars — at least according to his own measure of success. The president repeatedly mentions the US trade deficit when talking about trade fights with China , the European Union , and Canada . In negotiations with China, Trump's major request was for a massive reduction in the bilateral trade deficit. But based on the most recent trade numbers released Friday, it appears Trump is falling short in his main goal for trade battles: The US trade deficit is actually heading in the opposite direction. The US trade deficit increased in the month of June, according to the US Census Bureau, to $46.3 billion from $43.2 billion in May. Additionally, the trade deficit for 2018 continues to outpace the shortfall in 2017. __________________ ....DISCLAIMER: All of my posts/threads are my expressed typed opinion and the reader is not to assume these comments are absolute fact, law, or truth unless otherwise stated in said post/thread.