Thanks to Federal Megaspending, the Trade Deficit Has Only Gotten Worse

Tags: Economic Policy

07/09/2021 Mihai Macovei

The chronic US trade deficit is a direct result of the dollar’s status as the world’s main reserve currency and unabated monetary increases in government spending. More tariffs won’t change that.

Original Article: “Thanks to Federal Megaspending, the Trade Deficit Has Only Gotten Worse“

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