Trump’s tariff and trade deficit rants

Trump lies about the trade deficit.  It’s $566 billion, not the $800 billion Trump says because he won’t count the US surplus on services.

Has it ever occurred to him that we spend more money on other countries products and services than they spend on ours because we have more money?

Trump exaggerates the impact of NAFTA and won’t acknowledge that the US has a trade surplus with Canada.  His tariffs on aluminum and steel are likely to cost more jobs than they add.  Sad!

 

Leave a comment