Trump Trade Deficit 6.5% Higher Than Obama's Last Year, Not Eliminated as Then-Candidate Trump Promised
August 06, 2020
August 06, 2020
WASHINGTON, Aug. 6 -- Public Citizen issued the following news release:
The U.S. trade deficit in the first half of President Donald Trump's fourth year in office remains 6.5% higher than in the same period in President Barack Obama's last year, despite a 15% overall fall-off in trade flows related to the global pandemic, new trade data released by the U.S. Census Bureau shows.
"COVID-19 has reduced trade flows worldwide, so the fact that Trump's tra . . .
The U.S. trade deficit in the first half of President Donald Trump's fourth year in office remains 6.5% higher than in the same period in President Barack Obama's last year, despite a 15% overall fall-off in trade flows related to the global pandemic, new trade data released by the U.S. Census Bureau shows.
"COVID-19 has reduced trade flows worldwide, so the fact that Trump's tra . . .