Detailed text transcripts for TV channel - MSNBC - 20190307:18:41:00
Services we sell to our trading partners versus how much we buy from them. whenever we purchase more imports than we sell in exports, that is a deficit. in 2018, the u.s. ran up a total trade deficit of $621 billion. an increase of 12% from 2017. if you dig deeper, we can see that america's trade deficit in goods alone shots up to $891 billion in 2018 which a record high. for all the hay that president trump made about our deficit with china, the trade gap between both countries has only widened despite president trump's trade war with beijing in fact. the deficit with china has increased by a...