Subject: Re: Mark Carney Wins In Canada...
"So trade deficits should be allowed to continue into infinity because "fairness" guarantees permanent subsidies to all counties who have long depended on a reliable slice of US wealth"

Well one way to bring these trade deficits* down is make us a lot poorer, this seems to be what Trump is attempting...so far so good!

*Economists have repeatedly pointed out that Trump's trade deficit numbers ignored the services sector, grossly overstating these deficits.
(Services are a major area of U.S. comparative advantage and export strength.)

https://www.factcheck.org/2025...

Our MAGA friends are facing a tough question: how much longer can they pretend that Trump isn't cratering the economy?