Why the U.S. Trade Deficit Is Worse Than It Seems
You don’t have to know David Ricardo from Ricky Ricardo to understand the problems with President Trump’s approach to fixing America’s trade woes. [ Spencer Jakab | March 5, 2018 | WSJ] But a seemingly unrelated news item on Monday shows what is being ignored in the debate over Mr. Trump’s tariffs: The U.S. trade balance may be much worse…