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Esposito: If we were to decrease the trade deficit which we're doing…. the trade deficit is coming down. Phillip: The trade deficit according to 2025, is virtually the same as it was in 2024. The trade deficit for goods is higher than it was before the tariffs. So I'm... show more

Acyn

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73,813 views • 3 months ago •via X (Twitter)

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Yours truly on America's trade deficit: “Pres. Trump thinks the trade deficit is caused by foreigners… The US trade deficit is MADE IN THE USA because of its savings deficiency. Tariffs won't affect the size of the trade deficit." My latest w/ 📐triANGLE INVESTOR:

Yours truly on America's trade deficit: “Pres. Trump thinks the trade deficit is caused by foreigners… The US trade deficit is MADE IN THE USA because of its savings deficiency. Tariffs won't affect the size of the trade deficit." My latest w/ 📐triANGLE INVESTOR:

Steve Hanke

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Columbia Prof. Sachs on the US trade deficit: "The trade deficit DOESN'T represent trade policies. It represents spending relative to production." US CONSUMPTION + INVESTMENT + GOV'T SPENDING EXCEEDS GDP. This results in a TRADE DEFICIT. US TRADE DEFICIT=MADE IN THE USA.

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My friend, mentor, and Nobelist Milton Friedman on the trade deficit: “The trade deficit is not a deficit in another sense. It’s a capital surplus.”

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The higher the trade deficit, the more prosperity📈 The lower the trade deficit, the less prosperity📉

The higher the trade deficit, the more prosperity📈 The lower the trade deficit, the less prosperity📉

Senator Rand Paul

278,626 views • 1 year ago

"when President Trump announced the idea of tariffs to address the trade deficit... every economist around the country said: That's a very bad idea, that won't work.... If you look at 2025 as a whole, we have basically the same trade deficit... So I'm going to score this one for the economist, mate."

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Justin Wolfers

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🚨BREAKING: It’s official, Donald Trump is a MAJOR F*CK UP. He imposed the largest tariffs in 90 years to address the trade deficit. We now have largest trade deficit in 90 years. For those who can do math, that means it got WORSE. #TrumpTariffChaos

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EISEN: What the Trump administration would say is they're looking for other mechanisms to do tariffs because they want leverage to bring down the trade deficit ELIZABETH WARREN: Let's start out with the fact that from Trump's "liberation day," we actually have seen the trade deficit widen, not narrow

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Rapid Response 47

72,146 views • 2 months ago

The US trade deficit is HOMEMADE. US savings are less than US investments. The gap is filled by a trade deficit. Trade deficits have been GOOD for Americans. They allow Americans to consume more than they produce. My debate with UChicago Prof. Tomas Philipson at Al Arabiya English:

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