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Trump Wants to Reduce the Trade Deficit. Here's Why That Matters. - Business Insider

President Donald Trump has made reducing the trade deficit a central part of his "American First Trade Policy." Here's what you need to know.

By:John L. Dorman
Source:Business Insider
Published:
Trump Wants to Reduce the Trade Deficit. Here's Why That Matters. - Business Insider
The US Department of Commerce says the combined goods and services trade deficit stretched to a gargantuan $918.4 billion in 2024. That's a 17% increase compared to 2023, although it's a little smal… [+3593 chars]

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