The Great Redistribution

Published on November 11, 2024 by Premium

President Trump's desire to balance trade is functionally an effort to balance the distribution of profits between corporations and labor, so its success would be a market negative event. On the surface, the shocking annual $1t trade deficit in goods appears to suggest that foreign companies are completely dominating the trade with the U.S. But in fact much of the goods imported into the U.S. are sold by U.S. companies who decided to manufacture abroad. […]

Site Footer