InfoGram(@_InfoGram_):Trump: “If we stopped trading with every country we have a deficit with, we would make $1.5 trillion a year.” This is one of the most economically illiterate statements from a US president in modern times. Trade deficits ≠ losses. Cutting off those countries would hurt American consumers and industries the most.

InfoGram

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InfoGram@_InfoGram_

2026.09.17 04:25

Trump: “If we stopped trading with every country we have a deficit with, we would make $1.5 trillion a year.” This is one of the most economically illiterate statements from a US president in modern times. Trade deficits ≠ losses. Cutting off those countries would hurt American consumers and industries the most.