trade deficits

Two minute read. https://www.counterpunch.org/2018/05/22/the-trade-deficit-with-china-up-sharply-for-those-who-care/ "With Donald Trump declaring a truce in his 'trade war' with China, it might be a good time to check the charts. "According to data from the Commerce Department, the U.S...

Annual trade deficits are always detrimental to their nation's GDPs and thus, to their numbers of jobs. The trade policy described with Wikipedia's “Import Certificates” reduces, (if not eliminates) its nation's trade deficit of goods. If the policy were to be adopted by the USA, it would...