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Under Trump's watch, the U.S. is on track for the highest trade deficit in 10 years
David Fahrenthold Retweeted:Trump hates the trade deficit and vowed to reduce it.
So far under his watch, it's growing...
https://www.washingtonpost.com/business/2018/08/03/trump-hates-trade-deficit-its-track-be-biggest-decade/ … #trade #tariffs
Link to tweet
Wonkblog Analysis
Under Trump’s watch, the U.S. is on track for the highest trade deficit in 10 years
By Heather Long August 3 at 12:49 PM [link:heather.long@washpost.com|Email the author]
The United States trade deficit widened in June and is on track to be the biggest in a decade despite President Trump’s efforts to slash it.
For the first half of 2018, the trade deficit in goods and services hit $291.2 billion, the federal government reported Friday, which is higher than last year and puts the nation on track to have the largest annual deficit since 2008.
Trump has repeatedly promised to reduce the trade deficit during his White House tenure, but so far, it has grown under his watch.
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Christopher Ingraham contributed to this report.
Heather Long is an economics correspondent. Before joining The Washington Post, she was a senior economics reporter at CNN and a columnist and deputy editor at the Patriot-News in Harrisburg, Pa. She also worked at an investment firm in London. Follow https://twitter.com/byHeatherLong
Under Trump’s watch, the U.S. is on track for the highest trade deficit in 10 years
By Heather Long August 3 at 12:49 PM [link:heather.long@washpost.com|Email the author]
The United States trade deficit widened in June and is on track to be the biggest in a decade despite President Trump’s efforts to slash it.
For the first half of 2018, the trade deficit in goods and services hit $291.2 billion, the federal government reported Friday, which is higher than last year and puts the nation on track to have the largest annual deficit since 2008.
Trump has repeatedly promised to reduce the trade deficit during his White House tenure, but so far, it has grown under his watch.
....
....
Christopher Ingraham contributed to this report.
Heather Long is an economics correspondent. Before joining The Washington Post, she was a senior economics reporter at CNN and a columnist and deputy editor at the Patriot-News in Harrisburg, Pa. She also worked at an investment firm in London. Follow https://twitter.com/byHeatherLong
