Saturday, May 6, 2017

Did trade deficit cause slow growth in 2016, as Donald Trump tweeted?

In an early-morning tweet, President Donald Trump took a not-so-veiled shot at his predecessor’s economic record. "The U.S. recorded its slowest economic growth in five years (2016). GDP up only 1.6%. Trade deficits hurt the economy very badly," Trump tweeted on April 26, 2017:...
http://www.politifact.com/truth-o-meter/statements/2017/apr/27/donald-trump/did-trade-deficit-cause-slow-growth-2016-donald-tr/


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