MAGA FAIL: U.S. trade deficit at its deepest given that 2008 ..

 MAGA FAIL: U.S. trade deficit at its deepest given that 2008 ..

The U.S. trade and bank account deficits are at their deepest level because2008

Why it matters: America’s underwater trade position was among the specifying complaints of Donald Trump’s 2016 presidential project, and the Trump administration has actually spent the past four years waging trade wars in an useless or even disadvantageous effort to turn it around.

By the numbers: America’s trade deficit was $63 billion in October, according to the Census Bureau, while the broader bank account remained in deficit to the tune of $179 billion in the 3rd quarter, according to the Bureau of Economic Analysis

The huge picture: The primary reason for the weak point of the dol

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Redak staff

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