In middle school you learn that countries moved away from mercantilism because it’s dumb and ineffective. But hey maybe he knows something we don’t! The alternative is a moron is the leader of the world’s most powerful and influential economy. Would loveeee to be surprised 🙏🤞
President Trump Explains Trade Deficits:
“If we buy 2 billion dollars worth of Bananas from Brazil, we’re actually losing 2 billion dollars. So if we stop eating bananas, we actually save 2 billion dollars”.
It’s just simple Economics.