Donald Trump wanted to withdarw from international trade agreements….
He thought that in doing so?
American businesses would be able to mnake MORE money by going on their own….
THAT doesn’t seem likely….
All his idea’s seem to have done is to have OTHER COUNTRIES seek to take advantage of Trump’s screwing his own countries exporters….
The U.S. trade deficit jumped 8.6 percent in October as imports from China and other suppliers hit a record high ahead of the holiday shopping season, a Commerce Department report released Tuesday showed.
The monthly trade gap totaled $48.7 billion, the highest level for a full month since President Donald Trump took office on Jan. 20.
Ahead of the election, a Trump campaign adviser asserted they could eliminate the deficit in one or two years. Instead, the 2017 deficit is on track to exceed the 2016 level of $505 billion.
Imports of goods and services hit a record high of $244.6 billion as the U.S. economy continued to strengthen and suck in more goods from abroad. Imports totaled $48.2 billion from China, $39.4 billion from the EU and $28.7 billion from Mexico — all record highs….