WATCH: Is the US Trade Deficit Really a Problem?
Gary Clyde Hufbauer explains that at times of high growth, a US trade deficit can actually help the economy—but when economic slowdowns occur, trade deficits can aggravate the problem.
Gary Clyde Hufbauer explains that at times of high growth, a US trade deficit can actually help the economy—but when economic slowdowns occur, trade deficits can aggravate the problem.
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