President Trump claims a main goal of his crippling tariffs is to address the U.S. trade deficit. So is the U.S. trade deficit a problem? On today's show, why we'll never have a trade surplus with every single country; what the benefits of a trade deficit are; and whether or not the trade deficit affects jobs.
Related episodes:
Tariffied! We check in on businesses (
Apple /
Spotify)
Why there's no referee for the trade war (
Apple /
Spotify)
Common economic myths debunked (
Apple /
Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok,
Instagram,
Facebook,
Newsletter. Learn more about sponsor message choices:
podcastchoices.com/adchoicesNPR Privacy Policy
