Trump's favorite report card for the trade war keeps getting uglier 10/5/2018, 10:18:55 PM The US trade deficit increased in the month of August due to a nosedive in exports, especially soybeans. The trade deficit with Canada also increased. President Donald Trump has made the reduction of the trade deficit one of the key goals of the tariffs and trade war policy. ✔ China, the largest buyer of US soybeans, imposed tariffs on the American crop and it appears the restrictions are taking a toll ✔ Looking ahead, cooler global momentum and the stronger dollar will continue to temper export growth while imports will stay well-supported by upbeat domestic demand, fiscal stimulus and the strong greenback, Daco said ✔ Tariffs and persistent trade policy uncertainty are the key risks to our outlook Who will win the Trump-China trade war? And at what cost? - Los Angeles Times 10/5/2018, 9:41:50 PM President Trump — and his supporters — think he’s winning the trade war. Just look a...
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