Former U.S. trade chief: After tax cuts, watch America's trade deficit surge
Michael Froman says that more government borrowing from the new tax plan will likely boost the U.S. trade gap despite Trump's wishes. The former U.S. trade chief discusses why trade frequently becomes a scapegoat for economic anxieties, the consequences of pulling out of TPP and why trade deficits aren't necessarily a bad thing.
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Show Notes
Michael Froman says that more government borrowing from the new tax plan will likely boost the U.S. trade gap despite Trump's wishes. The former U.S. trade chief discusses why trade becomes a scapegoat for economic anxieties, the consequences of pulling out of TPP and why trade deficits aren't necessarily a bad thing.
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