Keyword:Imports

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Why the USA Needs a Current Account Deficit
Could Trump's protectionist plans be doubly harmful?


Once he has taken office in January 2017, Donald Trump is planning to implement protectionist measures in order to reduce the American current account deficit and thus boost the US economy. In this post we will show that the USA actually needs a current account deficit at the moment. This is the only way of financing the high level of consumption and investment. More ...