Monday, March 4, 2019

Trump keeps claiming the trade deficit is going down. It’s not - The Washington Post

The president really, really, really wants trade deficits to decline. But reality keeps biting. During his news conference in Hanoi after the collapse of summit talks with North Korean leader Kim Jong Un, Trump made the observation above. It reminded us of the time in mid-2018 when he repeatedly claimed the quarterly trade deficit had declined $52 billion and complained that “nobody reports it.” Well, that’s because it was not true. He stopped making that claim after our fact check appeared...
https://www.washingtonpost.com/politics/2019/03/01/trump-keeps-claiming-trade-deficit-is-going-down-its-not/

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