The U.S. trade deficit jumped 24.4% to a record high when tariff distortions are excluded, according to MishTalk’s Mike Shedlock. The report argues tariffs did not narrow the imbalance and are unlikely to solve it.
published
The U.S. trade deficit jumped 24.4% to a record high when tariff distortions are excluded, according to MishTalk’s Mike Shedlock. The report argues tariffs did not narrow the imbalance and are unlikely to solve it.
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