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Yes, Trade Deficits Are Hurting American Manufacturing

Friday, August 24, 2018

More than 70% of our current trade deficit of $566 billion (as of 2017) is in manufactured goods—not services. A trade deficit occurs when a country imports more goods and services than it exports. The macroeconomic explanations are often convoluted and do not make sense to the average voter.

Read more at IndustryWeek

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