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Under Trump’s watch, the U.S. is on track for the highest trade deficit in 10 years

The following article by Heather Long was posted on the Washington Postwebsite August 3, 2018:

President Donald Trump pauses during a rally, Thursday, Aug. 2, 2018, at Mohegan Sun Arena at Casey Plaza in Wilkes Barre, Pa.. Credit: Carolyn Kaster/AP

The United States trade deficit widened in June and is on track to be the biggest in a decade despite President Trump’s efforts to slash it.

For the first half of 2018, the trade deficit in goods and services hit $291.2 billion, the federal government reported Friday, which is higher than last year and puts the nation on track to have the largest annual deficit since 2008.

Trump has repeatedly promised to reduce the trade deficit during his White House tenure, but so far, it has grown under his watch.

View the complete article here.

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