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Brad Setser @Brad_Setser · 03 Sep 2026

In Trumpian terms, we are losing like we have never lost before - so much losing in fact. 100s of billions of dollars are flowing out of the United States (in other words, a record trade deficit outside the period of tariff front running; sign reversed in the chart) 2/ https://t.co/yo8VgOwo0M
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