U.S. Trade Deficit Fell to Lowest Level Since 2009 as Tariffs Reshape Trade
The monthly trade deficit continued to shrink in October after President Trump imposed sweeping tariffs on imports, the latest data showed.
If you are not clear on why this matters: every dollar that goes over there beyond what comes back is available to buy stuff here: land, factories, stock. Regular trade deficits lead to gradual absorption of our economy in foreign sometimes unfriendly hands.
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