Forbes: Mr. Trump, Here's Why Trade Deficits Are Good

By SIMON CONSTABLE

President Trump seems to have the wrong end of the stick when it comes to trade deficits.

He seems to think big trade deficits mean the U.S. is losing in the game of international trade. But nothing could be further from the truth. They are good: The bigger the better, in fact.

Here's what you need to know:
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