Latest news

Under Trump, trade gap closing as exports RISE

Not a bad economic start for President Trump

(NationalSentinel) Trade: erhaps he may not be able to take full credit but certainly he has to take some: Exports in the Age of President Donald J. Trump are rising as the trade deficit begins, finally, to come down as well.

As reported by The Wall Street Journal, the one thing Trump’s election actually did usher in was the one thing the “experts” said his election win would disrupt – stability:

The U.S. trade deficit shrank sharply in February as overseas customers snapped up American products and services, the latest sign U.S. factories are benefiting from global economic stability.

The trade gap in goods and services fell 9.6% in February from a month earlier to a seasonally adjusted $43.56 billion, the Commerce Department said Tuesday. Imports fell 1.8% while exports grew 0.2%.

Economists surveyed by The Wall Street Journal had projected a $44.6 billion gap.

Not yuuuge numbers yet but things are definitely trending the right way.

If Trump is successful in bringing back jobs and creating more opportunities domestically for Americans while reducing or even eliminating the trade deficit, it won’t matter who the Democrats run against him in 2020 – he’ll win by a landslide.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: