The argument for a U.S. trade deficit with China
Clip: 4/19/2018 | 4m 46sVideo has Closed Captions
Most economists would agree with the doctrine of trade deficits and its benefits.
America's growing trade deficit is one of President Trump's main arguments for imposing tariffs on China. And yet most economists would agree instead with the doctrine of trade deficits and its benefits for consumers. Economics correspondent Paul Solman reports.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
The argument for a U.S. trade deficit with China
Clip: 4/19/2018 | 4m 46sVideo has Closed Captions
America's growing trade deficit is one of President Trump's main arguments for imposing tariffs on China. And yet most economists would agree instead with the doctrine of trade deficits and its benefits for consumers. Economics correspondent Paul Solman reports.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...