Impossible to foresee. The transition from putting together advanced things from imported goods, into a textile and coal economy, was supposed to go much faster!
The only solution is to swap out leadership of Atlanta FED. That way, we can have more positive reports.
Trade deficit is a good thing. It means foreigners are keeping capital in the US as investment on their trades rather than exporting it out to balance it out.
The Trump White House literally cited the trade deficit as a "national emergency" in April 2025 to justify its actions on tariffs.¹
> I, DONALD J. TRUMP, President of the United States of America, find that underlying conditions, including a lack of reciprocity in our bilateral trade relationships, disparate tariff rates and non-tariff barriers, and U.S. trading partners’ economic policies that suppress domestic wages and consumption, as indicated by large and persistent annual U.S. goods trade deficits, constitute an unusual and extraordinary threat to the national security and economy of the United States. That threat has its source in whole or substantial part outside the United States in the domestic economic policies of key trading partners and structural imbalances in the global trading system. I hereby declare a national emergency with respect to this threat.
Does not seem they've addressed their self-imposed "national emergency".
8 comments
[ 2.5 ms ] story [ 34.1 ms ] threadThe only solution is to swap out leadership of Atlanta FED. That way, we can have more positive reports.
in the last year I've stopped buying any product from american companies if there is another viable supplier, even if it costs more
heinz, coca-cola, five guys, goodyear (I needed new tyres), aws/gcp, lays, mars, ... all removed entirely
> I, DONALD J. TRUMP, President of the United States of America, find that underlying conditions, including a lack of reciprocity in our bilateral trade relationships, disparate tariff rates and non-tariff barriers, and U.S. trading partners’ economic policies that suppress domestic wages and consumption, as indicated by large and persistent annual U.S. goods trade deficits, constitute an unusual and extraordinary threat to the national security and economy of the United States. That threat has its source in whole or substantial part outside the United States in the domestic economic policies of key trading partners and structural imbalances in the global trading system. I hereby declare a national emergency with respect to this threat.
Does not seem they've addressed their self-imposed "national emergency".
¹ https://www.whitehouse.gov/presidential-actions/2025/04/regu...