Surefire Way to Reduce the Trade Deficit: Have a Recession
Trump is desperate to reduce the trade deficit. Perhaps his trade policies will do just that, via global recession.
A prolonged global trade war will add fuel to a nasty global recession.
But look at the bright side. It's a surefire way to reduce imports more than exports.
The bigger the recession, the bigger Trump's alleged "win".
Mike "Mish" Shedlock
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