President Trump is falling woefully short on his promise to fix the trade deficit. It’s on track to hit $570 billion this year — up from $505 billion in 2016. Apologists argue the trade gap permits Americans to purchase less expensive consumer goods, while critics blame it for job losses. Three things are certain —…

President Trump is threatening to slap tariffs and quotas on imports of steel in a bid to curtail dumping and revive U.S. production, he said Thursday. [Isabelle Hoagland | July 13, 2017 |Inside US Trade]   The president also slammed the U.S. trade relationship with South Korea and China, saying the U.S. is renegotiating its free trade…