[Newsbot]

Title: Trade deficits surge to record highs in U.S., Canada
Category: Economics
Posted By: DrCaleb
Date: 2019-03-06 06:12:20
Canadian

[DrCaleb]

#MAGA

[PluggyRug]

I prefer this....

[DrCaleb]

Well, that may be a bit extreme. I don't think trade deficits are that big a deal, but you have hit upon one way to prevent tariffs from eating into the economy.

[martin14]

$1:

But Friday's figures show the U.S. economy is still importing more than ever from the rest of the world. A big reason for that is the persistent strength of the U.S. dollar. It makes foreign manufacturers look even cheaper, and gives U.S. consumers even more purchasing power when buying foreign-made products versus domestically produced ones.

Hmm, we don't seem to have such issues.