looming trade war
How Does the US Trade Gap Affect the US Stock Market?
Although Trump wants to move manufacturing jobs back to the USA there are still lots of imported items that Americans buy. And as the dollar strengthens US products are more expensive overseas. Thus the USA has a trade gap. First a bit about the status of the trade gap and then how does the US trade gap affect the US stock market? Bloomberg says that while both imports and exports decreased in 2016 the US trade gap widened.
The U.S. trade deficit widened last year to the biggest since 2012 as exports fell more than imports, though a narrowing gap in […]