David Leonhardt: Trump’s Trade Grade: "It’s a neat microcosm of President Trump’s economic policy: He picks a yardstick to measure the American economy—the trade deficit—that’s mostly meaningless. He spends years criticizing it as too high and promising to reduce it. And under his administration, it surges.... 'He set out to fix a non-problem (a trade deficit) and created real ones including international conflict, higher consumer prices and gross inefficiency in our economy', the Washington Post’s Jennifer Rubin writes...


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