Doyle McManus: Forget 'bad deals,' it's the GOP tax plan that'll make the trade deficit even worse
by Doyle McManus, Los Angeles Times
Nov 27, 2017
3 minutes
There's a time bomb inside President Trump's economic policies, and almost every economist knows it. What they don't know is when it will explode.
Trump has spent decades blaming America's economic woes on the trade deficit, which measures the difference between the exports the United States sells to the rest of the world and the imports we buy.
"We can no longer tolerate unfair trading practices that steal American jobs, wealth and intellectual property," he said after his trip to Asia this month.
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