Brad Setser @Brad_Setser · 03 Sep 2026
Much interesting data below. But despite the AI-related import boom & early tariff front-running he IDs, ytd the total US trade deficit & the goods deficit are below 2024 (Biden pre-Trump 2.0 tariff) levels. And manufacturing's is down 7.09% this year y/y ytd. That's failure?
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