Don't Show President Trump This Record-Breaking Trade Deficit Chart

[McRocket]

'The US trade deficit of goods widened to $79.5b in December from $70.5b in November as exports fell 2.8% and imports rose 2.4%.

That compared with the median estimate of economists for $73.6 billion.

Exports of Industrial Supplies and Capital Goods plunged in December and imports of food & beverage surged.

This is the widest goods trade deficit in US history.

Trump is not winning on this one!'

Don't Show President Trump This Record-Breaking Trade Deficit Chart


So much for Trump's, trade deal expertise.

 

[Zorro!]

'The US trade deficit of goods widened to $79.5b in December from $70.5b in November as exports fell 2.8% and imports rose 2.4%.

That compared with the median estimate of economists for $73.6 billion.

Exports of Industrial Supplies and Capital Goods plunged in December and imports of food & beverage surged.

This is the widest goods trade deficit in US history.

Trump is not winning on this one!'

Don't Show President Trump This Record-Breaking Trade Deficit Chart


So much for Trump's, trade deal expertise.

Trump makes you eat your words!

Earlier today the BEA announced that the trade deficit had declined again in November, thanks to lower imports and an increase of exports:

The Atlanta Journal-Constitution notes that a similar December result would provide the first year-on-year deficit decline in six years. That might not be known before the State of the Union speech, but one can expect that Trump will be talking up that possibility while Democrats choose carefully how to react to it.

Trump seems to be damn good at this economic stuff!