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A Trade Deficit Is Not a Loss—But Trump Still Doesn’t Get It - Spencer Fernando

Summary by Spencer Fernando
When considering Trump's recent statements, the challenges of negotiating a new trade deal with the United States in this kind of environment become more apparent. Consider a Canadian example that illustrates the challenges posed by this approach. Logically, we know the United States benefits from getting Canadian oil and gas at a significant discount. They can refine the Canadian energy they import, generating added value. Yet, because of the v…
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The Metals Service Center Institute broke the news in on Sunday, April 6, 2025.
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