‘Losin Spectacularly’: US Net Exports Are in a Tailspin Under Trump
Trade deficit at record highs and growing
U.S. net exports of goods and services are in a tailspin and Trump Trade Wars have been anything but ‘winning’ for American exporters. You can read about the effects of Trade Wars on corporate revenues and earnings here: Fed rate cut won’t move the needle on ‘Losing Globally’ Trade Wars impacts. And you can see the trends in net exports here:
This clearly shows that ‘Winning Bigly’ is really, materially, about ‘Losin Spectacularly’. Tremendous stuff!
Source: True Economics