The chronic US trade deficit is a direct result of the dollar’s status as the world’s main reserve currency and unabated monetary increases in government spending. More tariffs won’t change that. 

Original Article: “Thanks to Federal Megaspending, the Trade Deficit Has Only Gotten Worse”

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.



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Thanks to Federal Megaspending, the Trade Deficit Has Only Gotten Worse