Robert E. Scott

Robert E. Scott is the Senior Economist and Director of Trade and Manufacturing Policy Research at Economic Policy Institute

Articles by this author

The IMF predicts that the U.S. current account deficit—the broadest measure of U.S. trade in goods, services, and income—will nearly double between 2016 and 2022. (Photo: Getty) Views
Thursday, March 07, 2019
Record U.S. Trade Deficit in 2018 Reflects Failure of Trump’s Trade Policies
The U.S. Census Bureau reported that the U.S. goods trade deficit reached a record of $891.3 billion in 2018, an increase of $83.8 billion (10.4 percent). The broader goods and services deficit reached $621.0 billion in 2018, an increase of $68.8 billion (12.5 percent). The rapid growth of U.S...
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