Commentary: May’s Brexit deal ignores Leavers’ real grievance

Editor’s note: This article is posted because the UK’s trade deficit in goods was one reason voters approved Brexit last year. It parallels the trade deficit harm caused in the US. Excerpt: “One priority is a sustained effort to promote manufacturing, which provides well-paid jobs and is especially important in the Midlands, the north of England and Northern Ireland.…

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Monthly US Trade Deficit Rises $0.9B to $55.5B, Advanced Technology Deficit Surges 14% in October

Non-competitive Dollar, Front-Running of Tariffs Drive Up October Deficit, Imports By Jeff Ferry, CPA Research Director The monthly US trade deficit rose by $0.9 billion in October, reaching $55.5 billion, as exports fell slightly while imports rose by $600 million. The monthly data suggests that tariffs have yet to impact the trade picture. Anecdotal evidence…

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Dethrone ‘King Dollar’

Editor’s note. This four year old article by Jared Bernstein, former Chief Economist for former VP Joe Biden is an excellent explanation of why and how the US dollar value has a major influence on our trade deficit. CPA has the solution, a market access charge to moderate incoming capital flows and push the dollar down to…

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