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    Trump’s Trade-Balance Mistake

    by Brooks Jackson Aug 01, 2018 2 minutes

    President Donald Trump is saying that the U.S. balance of trade improved by a “tremendous” $52 billion in the second quarter of 2018. But the correct figure is much smaller — $22 billion — as two economists with expertise in trade statistics have confirmed for us.

    Actually, the government hasn’t yet released its official trade figures for the second quarter. The Bureau of Economic Analysis has , and it will

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