Trump said the U.S. trade deficit would turn positive, triggering widespread skepticism.

Trump said in a post today: "The US trade deficit has decreased by 78% due to tariffs imposed on other companies and countries. This year, the US trade deficit will turn positive, which will be the first time in decades. Thank you for your attention!"

Comment: Trump's claim that "the trade deficit will turn positive this year" is completely unrealistic. The structure of high consumption, low savings, and the dominance of the US dollar determines that the country's long-term trade deficit is difficult to reverse, making it an impossible promise. Trump made this statement for votes, for the midterm elections, for his obsession, and for the reason to justify protectionism, but not for telling the truth or solving real problems.

Original: toutiao.com/article/1857523692227657/

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