NPR's Ayesha Rascoe talks with economist Mary Lovely of the Peterson Institute about trade deficits and the role they play in international trade.
President Donald Trump's trade agenda has focused on deploying tariffs to address the trade deficit with other countries, ...
RASCOE: So does a trade deficit serve as a good measure of a country's economic ... The answer isn't automatically it's bad. There are degrees to which things are more or less important.
good or bad, it just means a lot of people are making beneficial decisions," while noting that the U.S. has run trade deficits for more than 50 years. "The U.S. has run a trade deficit every year ...
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