TRADE WARS
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President Donald Trump has made reducing U.S. trade deficits, which have expanded significantly in recent decades, a priority of his administration. He and his advisors argue that renegotiating trade deals, promoting “America First” policies, and confronting China and the rest of the world over what they see as economic distortions will shrink trade deficits, create jobs, strengthen national security, and restore the “golden age of America.”
