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US record high trade deficit. Thanks Trump!

Veer2Eternity

Well-Known Member
Apr 17, 2005
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The trade gap surged 34.0% to an all-time high of $131.4 billion, the Commerce Department's Bureau of Economic Analysis (BEA) said. The percentage change was the largest since March 2015. Trump this week slapped a new 25% tariff on imports from Mexico and Canada and doubled duties on Chinese goods to 20%, triggering a trade war.
 
The trade gap surged 34.0% to an all-time high of $131.4 billion, the Commerce Department's Bureau of Economic Analysis (BEA) said. The percentage change was the largest since March 2015. Trump this week slapped a new 25% tariff on imports from Mexico and Canada and doubled duties on Chinese goods to 20%, triggering a trade war.
The Dems may find themselves on the wrong side of this battle too. The UAW president Shawn Fain showed support for president Donald Trump's Tariffs. Most blue collar workers are fine with them in polls if it means forcing companies to bring back middle income jobs. And remember Biden left all of Trumps old tariffs never removing them.

 
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