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‘Losin Spectacularly’: Trump Trade Wars and net exports

This is a syndicated repost courtesy of True Economics. To view original, click here. Reposted with permission.

U.S. net exports of goods and services are in a tailspin and Trump Trade Wars have been anything but ‘winning’ for American exporters. You can read about the effects of Trade Wars on corporate revenues and earnings here: https://trueeconomics.blogspot.com/2019/07/31719-fed-rate-cut-wont-move-needle-on.html. And you can see the trends in net exports here:

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This clearly shows that ‘Winning Bigly’ is really, materially, about ‘Losin Spectacularly’. Tremendous stuff!

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