The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced on Tuesday that Americans went on a no-holds-barred foreign goods shopping spree like no other. The goods and services trade deficit was an astounding $140.5 billion in March, with total imports of $419.0 billion! In total, the trade deficit increased by $17.3 billion from February. […]
Tag: Trade Deficit
The US Trade Deficit is what is keeping lower-income Americans from falling further behind
“Trump is bringing jobs back to the US with Tariffs,” said James Benson Jr., a retired Michigan autoworker, whom Trump paraded out to the media on April 2 to support his so-called ‘Liberation Day’ announcement. As the token working-class supporter, used for a visual image in a press conference, Mr. Benson is unfortunately misinformed in […]