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Planet Money — Do trade deficits matter?
Not scored yet23m·2025-04-09·Business

Do trade deficits matter?

Planet Money

At the heart of President Trump's tariffs is this idea that we should not be buying more from other countries than they are buying from us. Basically, he wants to get rid of the trade deficit. And in the wake of the tariff announcement we got a LOT of questions from listeners about what that means. Do trade deficits…

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