Wednesday, March 6, 2019

US Trade Deficit Widens Despite Tariffs. Don’t Blame Trump, Blame Yourselves

According to newly released data, which was delayed by the government shutdown, it will be concluded that Donald Trump has so far failed to reduce the trade deficit he promised to cut. All this amid a ballooning debt after tax cuts. There is one overwhelming reason for this, and it is not Trump’s fault. Instead, it is the people of the United States who continue to fail to support US manufacturers. Decades of an addiction to a lower cost of living brought about by China mass-producing everyday items have left US consumers reluctant to pay more for similar quality purely in

The post US Trade Deficit Widens Despite Tariffs. Don’t Blame Trump, Blame Yourselves appeared first on CCN



source https://www.ccn.com/us-trade-deficit-widens-despite-tariffs-dont-blame-trump-blame-yourselves

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