In the Maga movement, trade surpluses with the United States are an affront to its core ideology. And the country with the largest trade surplus with the US has the largest target on its back. In the world of Donald Trump, the bigger the trade surplus, the bigger the crime against the US. He regards a trade surplus as evidence of America being taken for a ride. In his world, upright America plays by the rules of free trade but any country running a surplus with America - selling more stuff to the Americans than they are buying - is…
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April 3, 2025
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