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2/20/17

Trump Administration Debates Adjusting Trade Deficit Calculations #okc #news #wth



U.S. President Donald Trump's administration is mulling changes to how it calculates U.S. trade deficits in a way that would likely help bolster political arguments to renegotiate key trade deals, the Wall Street Journal reported on Sunday, citing people involved in the discussions. The main idea being discussed is whether to exclude "re-exports" from the calculation of U.S. exports, sources told the newspaper. Trade Representative's (USTR) office objected to a request to prepare data using the new methodology. http://bit.ly/2mfswNH http://bit.ly/1fJ5yqZ This video was produced by YT Wochit News using http://wochit.com


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