On the recordNovember 5, 2025
large and persistent U.S. trade deficits in goods constitute an unusual and extraordinary threat to the national security and economy of the United States.
Source
nytimes.comlarge and persistent U.S. trade deficits in goods constitute an unusual and extraordinary threat to the national security and economy of the United States.
Trump's justification for imposing tariffs based on trade deficits.
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