What did Donald Trump predict about the economy in March 2018?
Donald Trump, President of the United States ·
When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win.
Record $891.3B goods deficit
Trump said trade wars are good and easy to win. In 2018 the U.S. goods trade deficit hit a record $891.3 billion, and farmers were paid $23 billion to offset retaliatory tariffs.
The 2018 U.S. goods trade deficit hit a record $891.3 billion (Census). USDA then paid farmers $23 billion to offset retaliatory tariffs (GAO).
Prediction vs. outcome · Economy
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The claim
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- Tweet, @realDonaldTrump.