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re: October trade data in: biggest monthly trade deficit in over 10 years

Posted on 12/6/18 at 8:53 am to
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
11824 posts
Posted on 12/6/18 at 8:53 am to
Everyone trying to beat the tariff start date and orders processed early, meaning post tariff months will show lower imports?
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 12/6/18 at 8:53 am to
quote:

Everyone trying to beat the tariff start date and orders processed early, meaning post tariff months will show lower imports?


that's one thing we were told to expect for October
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8020 posts
Posted on 12/6/18 at 9:20 am to
quote:

Everyone trying to beat the tariff start date and orders processed early, meaning post tariff months will show lower imports?


Dollar is still very strong, and the U.S. economy is doing well while most of the world is faltering.

People have this strange - and demonstrably wrong - zero-sum idea that trade deficits are inherently a bad thing.

The way trade deficits are currently calculated makes them pretty useless, anyway.
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