Trump is losing the trade war, according to his favorite measure

donald trumpRick Loomis/Getty Images

  • President Donald Trump has made the reduction of the US trade deficit one of the key measures of success in his trade fights with China, the European Union, and Canada.
  • According to new data, the US trade deficit is growing, despite Trump’s tariffs.
  • The deficits between the US and Trump’s main trade adversaries are also growing.

President Donald Trump is losing his trade wars — at least according to his own measure of success.

The president repeatedly mentions the US trade deficit when talking about trade fights with China, the European Union, and Canada. In negotiations with China, Trump’s major request was for a massive reduction in the bilateral trade deficit.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of and Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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