Latest 'Trade Deficit' Figures Show Why They're Meaningless

Latest 'Trade Deficit' Figures Show Why They're Meaningless
AP Photo/Manuel Balce Ceneta

President Trump's protectionist trade policies have been in place for over a year now. What's the result? The U.S. trade deficit is bigger than ever.

The Commerce Department reported last week that the U.S trade deficit hit a new record - $881 billion. The trade deficit with China also reached a new high - $419 billion - despite the Trump Administration's tariff measures aimed at curbing it.

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