Trump lies a lot, but he really seems to believe buying things = losing. My “trade deficit” with the supermarket is thousands a year. That’s fine, because I want food. America could eliminate the trade deficit today by buying less made abroad. We choose not to. And that’s fine.https://twitter.com/realdonaldtrump/status/1022074252999225344 …
Not artificial, per se, though lower than developed countries. But economic development (perhaps export-driven) is necessary to raise them.
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Right. The question is who should “pay” for it.
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