Charming and super-smart second grader Shiloh explains Trade Deficits -
So, if we buy more stuff from China than we sell to them, that's a trade deficit.
But don't freak out. We didn't actually lose anything, because we have all the stuff we bought.
So, are trade deficits good or bad? They're both, Mr. President.
If you have any other questions, let me know. Good luck.
This is Trump on trade deficits -
Any questions?