Trade deficit only means USA import higher value than it exports.
Americans well known to go into debt to consume...because they are materialistic. it doesn't mean the economy or GDP is not growing in fact american economy is very healthy.
The old jobs are not going back to USA anymore, steel, labour intensive stuff...simply because american wages are now too high so the economy has moved into services.
Come on man, most econs undergrad knows this stuff...this guy a joker or what.
Tariffs will hurt USA more than it helps in the long run zzzzzzz its a no brainer
Americans well known to go into debt to consume...because they are materialistic. it doesn't mean the economy or GDP is not growing in fact american economy is very healthy.
The old jobs are not going back to USA anymore, steel, labour intensive stuff...simply because american wages are now too high so the economy has moved into services.
Come on man, most econs undergrad knows this stuff...this guy a joker or what.
Tariffs will hurt USA more than it helps in the long run zzzzzzz its a no brainer