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Tuesday, August 27, 2019

The CBO Reports On Economic Changes Since Trump Began His Tariff War With China

Image result for The Return Of Trillion Dollar Deficits Under Trump

The Congressional Budget Office reports that the latest numbers (compared to a year ago) show that with application of tariffs:
1). China trade to the USA is down 8%.
2). USA trade to China is down 30%.
3). The trade gap with China has increased 3%.

The Return Of Trillion Dollar Deficits Under Trump
(despite promise to eliminate the deficit)
PBS

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