Confirming the advance trade balance, it could be argued – by those of a particular persuasion – that Trump’s trade policies are working as the US trade deficit has collapsed to its lowest since September 2016.
The US trade balance for May printed a smaller deficit than expected at $43.1 bn (vs $43.6bn exp) and well down from the revised $46.1bn in April.
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The short answer is yes. Trump is winning and when Trump wins, Americans wins. The example set by President Trump’s expertise in business will be a high bar for politicians in the future. But it will be a bar that they win have to address.
David DeGerolamo
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