Why the US trade gap could obstruct Trump's economic vision
WASHINGTON (AP) — The U.S. trade deficit hit a four-year peak in 2016 and is posing a tough challenge to President Donald Trump's drive to shrink the deficit, accelerate the economy and create many more jobs. If those frictions were to fuel a trade war, it could actually worsen the U.S. trade gap. A nation's trade surplus or deficit, they note, reflects diverse factors, including how strong consumer spending is at home and abroad and the value of, say, the U.S. dollar against other currencies ... Читать дальше...