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There’s a funny story — because of Trump’s tariffs, the U.S. trade balance won’t improve, but will actually worsen. That’s because of the global economic slowdown, falling oil prices, and the shutdown of oil production facilities in the U.S., which is an important part of American exports. They’ll be exporting less oil, which means their trade balance will get worse. In other words, Trump’s actions will lead to the exact opposite result.
#USA #Economy #Trump