Commentary: Trump’s trade policies backfiring
By Desmond Lachman in Washington
Something is going very wrong with the US administration’s effort to reduce the US trade deficit. It has been increasing steadily. It now stands at its highest level in the past 10 years and shows every sign of rising. There are at least three reasons why the US trade deficit is widening and will continue to do so despite increased import protection. One must hope that Washington takes a time out from increased trade...
http://www.allaboutshipping.co.uk/2018/12/17/trumps-trade-policies-backfiring-ahead-of-the-ecb/