Source: SOUTHERN FARM NETWORK, 10/23/19
This is Mary Walden with economist MW welcoming you to the economic perspective. Today’s program looks at the persistence of the trade gap. Mike, one objective of the various trade disputes between the US and other countries has been to reduce our trade gap. A trade gap occurs when the US buys more products from other countries than we sell to them. We have now been engaged in changing the rules of international trade for a couple of years. Have we yet seen any reduction in the trade gap?
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