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Their words
America’s large trade deficit in manufactured goods does mean that we have fewer manufacturing jobs than we would if that trade were balanced.
Neo-Nazis and the Impotence of Trumponomicspaulkrugman.substack.com
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From one piece Attack of the Zombie Tariffs 2 beliefs, in the piece's order there
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Their words
Revenue from the Trump tariffs, even pre-Court, wasn’t enough to make a large dent in the deficit.
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korrents.com
The 2025 American tariffs did not reduce the trade deficit they were imposed to reduce.Their words
In fact, the U.S. trade deficit for all of 2025 was about the same as it was in 2024.
13 October 2025
13 August 2025
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Their words
The trade deficits have widened since Trump, right? They haven’t closed the imbalance with China and with the rest of the world because ultimately the US saves less than it invests. And that’s a macrophenomenon. It’s not a trade phenomenon
14 April 2025
From one piece Tariffs, saving, and investment 3 beliefs, in the piece's order there
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Their words
But the spike in interest rates require to do this would be huge. And the trade shock will cause a sharp recession, or worse, putting even more stress on the budget. A debt crisis is likely along the way as the US finds it impossible to roll over debt.
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Cure the disease, not the symptoms. Reform taxes to tax consumption, not saving and investment. Stop funneling borrowed money to consumption.
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korrents.com
The American trade deficit is foreigners choosing to invest in America, not America being cheated.Their words
this story tells us how an increase in foreign demand to save in the US rather than at home will push up the dollar, and cause the trade deficit, which is in effect how foreigners send us factories which they would rather build here than in their own countries.
6 November 2023
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Their words
Thus, once current debt has been refinanced and the average interest on debt reflects the higher long rates, absent changes in policy, debt ratios will increase.
5 January 2022
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