WATCH: Is the US Trade Deficit Really a Problem? - Global Trade Magazine
  April 17th, 2017 | Written by

WATCH: Is the US Trade Deficit Really a Problem?

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  • At times of high growth, a US trade deficit can help the economy.

 

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.