Trade Deficit

US / The world’s largest trade deficit kills jobs

Agonizing over U.S. job losses often overlooks a primary cause of the problem: America’s severe trade deficit. Since the 1970s, U.S. imports have exceeded exports every year. “This deficit, now the world’s largest, kills jobs. It urgently needs to be fixed,” write Donald L. Barlett and James B. Steele in their new book, The Betrayal … Continue reading →