Trump Trade Deficit Keeps Soaring

Ha ha ha. The latest trade deficit numbers are out for the second quarter, and Donald Trump still can’t get it right:

It keeps going up and up! Other countries are laughing at us! Even that weakling Obama had a better trade deficit! What a pathetic performance from Donald Trump. He’s just making America weaker and weaker.

POSTSCRIPT: This is a joke. Nobody should really care if the trade deficit is going up a bit. What’s more, if Trump were ever smart enough to look at the complete figures for goods and services, it turns out that the trade deficit went down slightly this quarter. Of course, that would force Trump to admit that (a) services are actual things (b) our annual trade deficit is about $500 billion, not $800 billion, (c) our trade deficit with China is closer to $300 billion than $400 billion, and (d) we have a trade surplus with Canada

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FOLLOW THE MONEY

Corporations and billionaires don’t fund journalism like ours that exists to shake things up. Instead, support from readers allows Mother Jones to call it like it is without fear, favor, or false equivalence.

And right now, a longtime friend of Mother Jones has pledged an incredibly generous gift to inspire—and double—giving from online readers. That's huge! Because you can see that our fall fundraising drive is well behind the $325,000 we need to raise. So if you agree that in-depth, fiercely independent journalism matters right now, please support our work and help us raise the money it takes to keep Mother Jones charging hard. Your gift, and all online donations up $94,000 total, will be matched and go twice as far—but only until the November 9 deadline.

$400,000 to go: Please help us pick up the pace!

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