Wednesday, 05 April 2017
U.S. Trade Gap With China Narrowed in January and February
Written by Bob Adelmann
When the Wall Street Journal reported that, according to the U.S. Department of Commerce, America’s “trade gap” shrank in January and February, it intoned that while this was allegedly good news, over the last 10 years it’s been bad news: the trade gap “remains far higher than a decade ago.” The Journal called it a “mixed trade outlook” that bodes ill for the upcoming talks between U.S. President Donald Trump and China’s communist leader, Xi Jinping.
Josh Mitchell, writing for the Journal, tried to explain why this was bad:
https://www.thenewamerican.com/economy/commentary/item/25749-us-trade-gap-with-china-narrowed-in-january-and-february