Free Minds & Free Markets

Trump’s Tariffs Hurt American Businesses and Consumers: New at Reason

White HouseWhite HousePresident Trump isn't going to be happy, observes Veronique de Rugy. The U.S. trade deficit expanded in June, at its fastest rate since November 2016. Also, $291 billion was added to that gap in the first six months of 2018, compared with $272 billion in the first half of 2017. And wait until he finds out that in spite of the tariffs he imposed on billions of dollars in imports, those imports grew slightly while exports are going down.


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