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#tradedeficit

16 posts13 participants0 posts today
Eric Maugendre<p>Larry Summers: “If China wants to sell us things at really low prices and the transaction is we get solar collectors or we get batteries that we can put in electric cars and we send them pieces of paper that we print. Do you think that’s a good deal for us or a bad deal for us?”</p><p>Who’s more “cheated”: the party doing the hard work of producing goods at very low prices on razor-thin margins, or the party that simply prints an infinite amount of fiat money to pay for all this stuff?</p><p><a href="https://mas.to/tags/tradeDeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tradeDeficit</span></a></p>
Europe Says<p><a href="https://www.europesays.com/1987787/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/1987787/</span><span class="invisible"></span></a> Why Falling Oil Prices Are Not Always Good News <a href="https://pubeurope.com/tags/CrudeOil" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CrudeOil</span></a> <a href="https://pubeurope.com/tags/CrudeOilPrice" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CrudeOilPrice</span></a> <a href="https://pubeurope.com/tags/EconomicRecession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EconomicRecession</span></a> <a href="https://pubeurope.com/tags/EnergyInfrastructure" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EnergyInfrastructure</span></a> <a href="https://pubeurope.com/tags/EnergyPolicy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EnergyPolicy</span></a> <a href="https://pubeurope.com/tags/EnergySector" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EnergySector</span></a> <a href="https://pubeurope.com/tags/NetExporter" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NetExporter</span></a> <a href="https://pubeurope.com/tags/OilExports" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OilExports</span></a> <a href="https://pubeurope.com/tags/OilMarketAnalysis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OilMarketAnalysis</span></a> <a href="https://pubeurope.com/tags/OilPrice" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OilPrice</span></a> <a href="https://pubeurope.com/tags/OilPrices" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OilPrices</span></a> <a href="https://pubeurope.com/tags/petroleum" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>petroleum</span></a> <a href="https://pubeurope.com/tags/TradeDeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeDeficit</span></a> <a href="https://pubeurope.com/tags/USEconomy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USEconomy</span></a></p>
Yonhap Infomax News<p>South Korea's early April exports surge 13.7% year-on-year to $18.6 billion, while trade deficit narrows to $1.1 billion, signaling potential economic recovery<br><a href="https://mastodon.social/tags/YonhapInfomax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>YonhapInfomax</span></a> <a href="https://mastodon.social/tags/Exports" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Exports</span></a> <a href="https://mastodon.social/tags/TradeDeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeDeficit</span></a> <a href="https://mastodon.social/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EconomicRecovery</span></a> <a href="https://mastodon.social/tags/SouthKoreaEconomy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SouthKoreaEconomy</span></a> <a href="https://mastodon.social/tags/InternationalTrade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>InternationalTrade</span></a> <a href="https://mastodon.social/tags/Economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics</span></a> <a href="https://mastodon.social/tags/FinancialMarkets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FinancialMarkets</span></a> <a href="https://mastodon.social/tags/Banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Banking</span></a> <a href="https://mastodon.social/tags/Securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Securities</span></a> <a href="https://mastodon.social/tags/Bonds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bonds</span></a> <a href="https://mastodon.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>StockMarket</span></a> <br><a href="https://en.infomaxai.com/news/articleView.html?idxno=58278" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">en.infomaxai.com/news/articleV</span><span class="invisible">iew.html?idxno=58278</span></a></p>
Yonhap Infomax News<p>Trump grants 90-day grace period for reciprocal tariffs on countries except China, raising China's tariff to 125% while addressing trade imbalances with other nations<br><a href="https://mastodon.social/tags/YonhapInfomax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>YonhapInfomax</span></a> <a href="https://mastodon.social/tags/ReciprocalTariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ReciprocalTariffs</span></a> <a href="https://mastodon.social/tags/TrumpExecutiveOrder" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpExecutiveOrder</span></a> <a href="https://mastodon.social/tags/ChinaTariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ChinaTariffs</span></a> <a href="https://mastodon.social/tags/TradeDeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeDeficit</span></a> <a href="https://mastodon.social/tags/EconomicSecurity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EconomicSecurity</span></a> <a href="https://mastodon.social/tags/Economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics</span></a> <a href="https://mastodon.social/tags/FinancialMarkets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FinancialMarkets</span></a> <a href="https://mastodon.social/tags/Banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Banking</span></a> <a href="https://mastodon.social/tags/Securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Securities</span></a> <a href="https://mastodon.social/tags/Bonds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bonds</span></a> <a href="https://mastodon.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>StockMarket</span></a> <br><a href="https://en.infomaxai.com/news/articleView.html?idxno=58229" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">en.infomaxai.com/news/articleV</span><span class="invisible">iew.html?idxno=58229</span></a></p>
Austrian<p>Mr. Miran is wrong. Because the U.S. creates a currency that is de facto a world currency and for the time being is in demand around the world, it, the U.S., will inevitably have an "unfavorable" balance of trade by the very nature of things. <br><a href="https://www.whitehouse.gov/briefings-statements/2025/04/cea-chairman-steve-miran-hudson-institute-event-remarks/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">whitehouse.gov/briefings-state</span><span class="invisible">ments/2025/04/cea-chairman-steve-miran-hudson-institute-event-remarks/</span></a> <br><a href="https://mastodon.social/tags/economicpolicy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economicpolicy</span></a> <a href="https://mastodon.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mastodon.social/tags/tradedeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tradedeficit</span></a> <a href="https://mastodon.social/tags/trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trump</span></a></p>
Colin Rowat<p>Whenever I hear of a plan to move in a particular direction (e.g. reduce <a href="https://mastodon.social/tags/tradedeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tradedeficit</span></a> in goods), I wonder who's already there - what they look like: that offers clues about where a plan might take one.</p><p>I use UN Comtrade goods (not services) data, and <a href="https://mastodon.social/tags/IMF" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>IMF</span></a> <a href="https://mastodon.social/tags/GDP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GDP</span></a> per capita (current USD) for 2023: </p><p><a href="https://comtradeplus.un.org/TradeFlow" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="">comtradeplus.un.org/TradeFlow</span><span class="invisible"></span></a></p><p><a href="http://imf.org/external/datamapper/NGDPDPC@WEO/OEMDC/ADVEC/WEOWORLD" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">http://</span><span class="ellipsis">imf.org/external/datamapper/NG</span><span class="invisible">DPDPC@WEO/OEMDC/ADVEC/WEOWORLD</span></a></p><p><a href="https://mastodon.social/tags/econsky" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>econsky</span></a> <a href="https://mastodon.social/tags/econtwitter" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>econtwitter</span></a> <a href="https://mastodon.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> </p><p>1/n</p>
cathill<p>Let the world increase the US trade deficit as a percentage of GDP by boycotting all American products.<br><a href="https://mastodon.social/tags/boycott" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>boycott</span></a> <a href="https://mastodon.social/tags/donaldtrump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>donaldtrump</span></a> <a href="https://mastodon.social/tags/madeinusa" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>madeinusa</span></a> <a href="https://mastodon.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://mastodon.social/tags/tradedeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tradedeficit</span></a> <a href="https://mastodon.social/tags/tradewar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tradewar</span></a> <a href="https://mastodon.social/tags/trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trump</span></a> <a href="https://mastodon.social/tags/trumptariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trumptariffs</span></a> <a href="https://mastodon.social/tags/usa" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>usa</span></a></p>
Austrian<p>"As long as the US continues to operate on make-believe funny money, we have no right to bitch about a trade deficit ... A US trade rep says the US has “suffered” decades of “wealth loss”. NONSENSE. Please define wealth. A $1.3 trillion annual <a href="https://mastodon.social/tags/tradedeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tradedeficit</span></a> means that we got other countries’ labor, products, and resources (i.e., real wealth) and we “paid” them with fiat debt money that corrupt politicians and bankers create out of thin air by the trillions" <a href="https://www.lewrockwell.com/political-theatre/tariffs-and-the-us-trade-deficit/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">lewrockwell.com/political-thea</span><span class="invisible">tre/tariffs-and-the-us-trade-deficit/</span></a><br><a href="https://mastodon.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a></p>
Yonhap Infomax News<p>US Treasury Secretary criticizes China's escalating tensions, highlighting trade imbalance and potential economic impacts on both nations<br><a href="https://mastodon.social/tags/YonhapInfomax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>YonhapInfomax</span></a> <a href="https://mastodon.social/tags/USTreasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USTreasury</span></a> <a href="https://mastodon.social/tags/ChinaTradeTensions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ChinaTradeTensions</span></a> <a href="https://mastodon.social/tags/TariffNegotiations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TariffNegotiations</span></a> <a href="https://mastodon.social/tags/TradeDeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeDeficit</span></a> <a href="https://mastodon.social/tags/EnergyTransactions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EnergyTransactions</span></a> <a href="https://mastodon.social/tags/Economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics</span></a> <a href="https://mastodon.social/tags/FinancialMarkets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FinancialMarkets</span></a> <a href="https://mastodon.social/tags/Banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Banking</span></a> <a href="https://mastodon.social/tags/Securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Securities</span></a> <a href="https://mastodon.social/tags/Bonds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bonds</span></a> <a href="https://mastodon.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>StockMarket</span></a> <br><a href="https://en.infomaxai.com/news/articleView.html?idxno=57771" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">en.infomaxai.com/news/articleV</span><span class="invisible">iew.html?idxno=57771</span></a></p>
Jason Yip<p>No, that’s not what a <a href="https://mastodon.online/tags/TradeDeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeDeficit</span></a> means – and that’s not how you calculate other nations’ <a href="https://mastodon.online/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://theconversation.com/no-thats-not-what-a-trade-deficit-means-and-thats-not-how-you-calculate-other-nations-tariffs-253830" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">theconversation.com/no-thats-n</span><span class="invisible">ot-what-a-trade-deficit-means-and-thats-not-how-you-calculate-other-nations-tariffs-253830</span></a></p>
WilliamLMiller<p>3️⃣ Significance of the Current Account<br>A current account deficit isn’t inherently bad—it can mean strong domestic demand and attractiveness for global investment. But sustained deficits can indicate competitiveness issues. <a href="https://mastodon.social/tags/TradeDeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeDeficit</span></a> <a href="https://mastodon.social/tags/EconomicHealth" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EconomicHealth</span></a> <a href="https://mastodon.social/tags/20postchallenge" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>20postchallenge</span></a></p>
Kevin Karhan :verified:<p><span class="h-card" translate="no"><a href="https://infosec.exchange/@malwaretech" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>malwaretech</span></a></span> </p><p><em>"When will my landlord pay me for living in their condo?"</em></p><p><a href="https://infosec.space/tags/Sarcasm" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Sarcasm</span></a> <a href="https://infosec.space/tags/TradeDeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeDeficit</span></a> <a href="https://infosec.space/tags/TrumpLogic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpLogic</span></a> <a href="https://infosec.space/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://infosec.space/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a> <a href="https://infosec.space/tags/Tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tariffs</span></a> <a href="https://infosec.space/tags/Trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trade</span></a> <a href="https://infosec.space/tags/UnfairTrade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UnfairTrade</span></a></p>
Austrian<p>"In recent days, we have read numerous articles about a possible agreement between the US administration and its main trading partners to devalue the US dollar. It has been named “The Mar-A-Lago Accord”, a concept inspired by the Plaza Accord of 1985, which aimed to devalue the US dollar to address trade imbalances. That plan failed." <a href="https://mises.org/mises-wire/devaluing-us-dollar-how-make-america-poorer-again" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">mises.org/mises-wire/devaluing</span><span class="invisible">-us-dollar-how-make-america-poorer-again</span></a> <a href="https://mastodon.social/tags/devaluation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>devaluation</span></a> <a href="https://mastodon.social/tags/tradedeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tradedeficit</span></a> <a href="https://mastodon.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mastodon.social/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a> <a href="https://mastodon.social/tags/usdollar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>usdollar</span></a> <a href="https://mastodon.social/tags/maralagoaccord" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>maralagoaccord</span></a></p>
Bytes Europe<p>Trump says EU will have to buy energy from US <a href="https://www.byteseu.com/900502/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">byteseu.com/900502/</span><span class="invisible"></span></a> <a href="https://pubeurope.com/tags/DonaldTrump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DonaldTrump</span></a> <a href="https://pubeurope.com/tags/Europe" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Europe</span></a> <a href="https://pubeurope.com/tags/EuropeanNations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EuropeanNations</span></a> <a href="https://pubeurope.com/tags/EuropeanUnion" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EuropeanUnion</span></a> <a href="https://pubeurope.com/tags/SteveHolland" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SteveHolland</span></a> <a href="https://pubeurope.com/tags/TradeDeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeDeficit</span></a> <a href="https://pubeurope.com/tags/WhiteHouse" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>WhiteHouse</span></a></p>
Jason Yip<p>The <a href="https://mastodon.online/tags/TradeDeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeDeficit</span></a> isn’t an emergency – it’s a sign of <a href="https://mastodon.online/tags/America" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>America</span></a> ’s strength <a href="https://theconversation.com/the-trade-deficit-isnt-an-emergency-its-a-sign-of-americas-strength-252466" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">theconversation.com/the-trade-</span><span class="invisible">deficit-isnt-an-emergency-its-a-sign-of-americas-strength-252466</span></a></p>
C.<p><a href="https://mindly.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPol</span></a></p><p>So after driving the world's largest economy off a cliff, causing precipitous declines in the stock markets for two days, what did Trump choose to do?</p><p>He took another long weekend off to cheat at golf, of course. Why should his lifestyle be affected by the chaos and destruction he's unleashing?</p><p>Note: when a billionaire [1] says there may be some short-term pain due to his economic policies, he means pain for you. Never him, or his buddies.</p><p>And finally, on his way back to D.C., he made a few remarks about the economy and markets, claiming everything was fine. The chilling part is that his words made absolutely clear that he does not understand the difference between a trade deficit and a budget deficit.</p><p>I'll repeat that for those in the back: THE MAN IN COMMAND OF THE MACHINERY THAT CONTROLS THE US ECONOMY DOES NOT KNOW THAT A TRADE DEFICIT AND A BUDGET DEFICIT ARE DIFFERENT THINGS.</p><p>After understanding that, if you still believe that his actions are going to result in a stronger US economy after some "short term" pain, I have a bridge to sell you.</p><p>[1] I don't think Trump was actually a billionaire before the last election. He had lots of claimed-expensive assets, but was leveraged heavily on almost everything. His net worth was probably low hundreds of millions, max. But he's grifted massively since then, and probably is now..</p><p><a href="https://mindly.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://mindly.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mindly.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://mindly.social/tags/depression" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>depression</span></a> <a href="https://mindly.social/tags/deficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficit</span></a> <a href="https://mindly.social/tags/TradeDeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeDeficit</span></a> <a href="https://mindly.social/tags/BudgetDeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BudgetDeficit</span></a> <a href="https://mindly.social/tags/GreatDepression" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GreatDepression</span></a> <a href="https://mindly.social/tags/BlackMonday" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BlackMonday</span></a> <a href="https://mindly.social/tags/policy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>policy</span></a> <a href="https://mindly.social/tags/idiot" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>idiot</span></a> <a href="https://mindly.social/tags/tariff" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariff</span></a></p>
Yonhap Infomax News<p>Trump warns of no deal with China without trade deficit resolution, defends tariffs as bringing billions to US despite market concerns<br><a href="https://mastodon.social/tags/YonhapInfomax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>YonhapInfomax</span></a> <a href="https://mastodon.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://mastodon.social/tags/TradeDeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeDeficit</span></a> <a href="https://mastodon.social/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> <a href="https://mastodon.social/tags/Tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tariffs</span></a> <a href="https://mastodon.social/tags/TradeWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeWar</span></a> <a href="https://mastodon.social/tags/Economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics</span></a> <a href="https://mastodon.social/tags/FinancialMarkets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FinancialMarkets</span></a> <a href="https://mastodon.social/tags/Banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Banking</span></a> <a href="https://mastodon.social/tags/Securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Securities</span></a> <a href="https://mastodon.social/tags/Bonds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bonds</span></a> <a href="https://mastodon.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>StockMarket</span></a> <br><a href="https://en.infomaxai.com/news/articleView.html?idxno=57424" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">en.infomaxai.com/news/articleV</span><span class="invisible">iew.html?idxno=57424</span></a></p>
Yonhap Infomax News<p>Trump signals tough stance on China trade talks, threatening to walk away if trade deficit issues remain unresolved<br><a href="https://mastodon.social/tags/YonhapInfomax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>YonhapInfomax</span></a> <a href="https://mastodon.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://mastodon.social/tags/ChinaTrade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ChinaTrade</span></a> <a href="https://mastodon.social/tags/TradeDeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeDeficit</span></a> <a href="https://mastodon.social/tags/TradeNegotiations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeNegotiations</span></a> <a href="https://mastodon.social/tags/USChinaRelations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USChinaRelations</span></a> <a href="https://mastodon.social/tags/Economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics</span></a> <a href="https://mastodon.social/tags/FinancialMarkets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FinancialMarkets</span></a> <a href="https://mastodon.social/tags/Banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Banking</span></a> <a href="https://mastodon.social/tags/Securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Securities</span></a> <a href="https://mastodon.social/tags/Bonds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bonds</span></a> <a href="https://mastodon.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>StockMarket</span></a> <br><a href="https://en.infomaxai.com/news/articleView.html?idxno=57415" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">en.infomaxai.com/news/articleV</span><span class="invisible">iew.html?idxno=57415</span></a></p>
Hacker News<p>Buffett: America's Growing Trade Deficit Is Selling the Nation Out from Under Us [pdf]</p><p><a href="https://www.berkshirehathaway.com/letters/growing.pdf" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">berkshirehathaway.com/letters/</span><span class="invisible">growing.pdf</span></a></p><p><a href="https://mastodon.social/tags/HackerNews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HackerNews</span></a> <a href="https://mastodon.social/tags/Buffett" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Buffett</span></a> <a href="https://mastodon.social/tags/TradeDeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeDeficit</span></a> <a href="https://mastodon.social/tags/America" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>America</span></a> <a href="https://mastodon.social/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a> <a href="https://mastodon.social/tags/BerkshireHathaway" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BerkshireHathaway</span></a> <a href="https://mastodon.social/tags/NationalConcern" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NationalConcern</span></a></p>
Arnd Layer<p>It’s like to have a talk with the person who is responsible for calling the <a href="https://mastodon.social/tags/TradeDeficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeDeficit</span></a> that name. </p><p>Dear economists, you must be aware that people who aren’t able to understand your concepts act based on what they think words mean.</p>
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