The private sector and global supply chains drive most trade deficits and surpluses between the US and other countries, not government purchases; Trump's tariffs cannot unwind private sector supply chains in 90 days, so the trade deficit will persist despite policy pressure.
causalpending
Speaker
James ThorneEvidence Quote
“The only thing that Trump could really do and then and and I could be wrong is the fact when you're talking to a government, you know, you're really talking about purchases of natural resources, right? A lot of the deficits and surpluses that have been developed between the United States and the rest of the world is created by the private sector and the supply chains. I just don't see that unwinding in 90 days.”
Created: 8/11/2026, 7:42:06 AM
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