Tag: Trade deficit
Trump’s Trade Policy—A Reductio ad Absurdum

Apart from practical difficulties and impossibilities, a Trumpian trade triumph, even if it could be achieved, would be a horrible objective to attain.

My Personal Trade Deficit Is Killing Me—or So Trump Would Have You Believe

President Trump’s trade policies don’t match up with basic economic principles.

The Balance of International Payments Is Economic Nonsense

The nation-based “balance of international payments” accounting system is misleading and nonsensical.

Trump: Invest in the United States

His words say, invest in America. His actions say otherwise.

Negative Balance of Trade? So What?

The tendency of the USA to have a negative balance of trade (more accurately known as a negative balance on current account) played a prominent role in the recent U.S. presidential campaign. Donald Trump criticized this tendency repeatedly and promised that if elected he would take various actions to reduce or eliminate it. Like...
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