Trade deficit with China and Mexico has increased since Trump took office
Trade deficit with China and Mexico has increased since Trump took office
- Trump often cites the U.S. trade deficit as a sign that America is losing to China, Mexico and other countries on trade. He uses it to justify renegotiating trade deals and slapping tariffs on other countries' products. And Trump has promised repeatedly to cut the trade deficit. But so far this year, .
- Trump often cites the U.S. trade deficit as a sign that America is losing to China, Mexico and other countries on trade. He uses it to justify renegotiating trade deals and slapping tariffs on other countries' products. And Trump has promised repeatedly to cut the trade deficit. But so far this year, .