Subject: Re: That EU Trade Deal
I think he also genuinely believes that trade deficits in goods mean the other country is ripping us off. That has no economic basis, of course; he just genuinely believes that.
You're making the same mistaken assumption that most economists are making. That is the following:
American goods have the same access to other countries' markets as those same countries have to the United States'.
Were you aware that prior to Trump the Euros charged US cars and trucks a 10% tariff vs. the US only charging them 2.5%?