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

Posted on 12/6/18 at 9:28 am to
Posted by the808bass
The Lou
Member since Oct 2012
111795 posts
Posted on 12/6/18 at 9:28 am to
Weird. Tariffs are really fricking over imports.


Wait.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 12/6/18 at 9:30 am to
quote:

Tariffs are really fricking over imports

mostly by making them more expensive, apparently
Posted by MisslePig
Member since Jul 2018
964 posts
Posted on 12/6/18 at 9:32 am to
For those actually interested in the economic story behind this...

As interest rates and the perception of FED movements towards tightening increase so does the dollar.

As the dollar increases our ability to buy foreign goods increases, our ability to sell in the world market decreases.

This is the primary fact driving this trend with the monthly fluctuations also being explained by one-off industry scenarios (e.g. Boeing in August).

If you're getting this information from an economic based site you're hearing this. If you're getting it from a political driven site ORANGE MAN BAD.
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