Tag: Joseph Glauber

Focus on trade deficits is misguided: former USDA chief economist

A trade deficit is defined as the amount by which the value of a country’s imports exceeds the value of its exports. It’s a metric that U.S. President Donald Trump frequently refers to when explaining or tweeting about his positions on trade, whether referring to NAFTA, China, or the new tariffs on steel and aluminum…. Read more »