Paris, Feb 12, 2025 (AFP) - US trade deficits at core of Trump tariff moves

NAMPA / AFP

2025-02-12

Imposing punitive tariffs on countries with high trade surpluses with the United States has been at the heart of US President Donald Trump's economic policy. Trump has lived up to his campaign pledges to resume his hardball trade diplomacy. But analysts say trade imbalances can sometimes be the result of US policy itself. A trade deficit occurs when a country's imports exceed its exports to another country. The balance is usually calculated on......

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