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RSS FeedsSomeone explain to Trump, trade deficits arenīt actually a problem
(World News UK)

 
 

14 march 2018 06:39:55

 
Someone explain to Trump, trade deficits arenīt actually a problem
(World News UK)
 




Do trade deficits matter? President Donald Trump certainly thinks they do. Since his campaign, he has tweeted frequently about his unhappiness with America’s trade deficit, and last week he announced tariffs on imported steel and aluminium. Trump once observed that the problem was that there were a lot of Mercedes-Benz in New York and not many Chevrolets in European cities. But is that due to unfair trade barriers which can be addressed through imposing tariffs, or to what consumers in America and Europe demand? Read more: Republicans have themselves to blame for Trump’s trade war Economists since the days of Adam...
 
10 viewsCategory: General > Europe > UK
 
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