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[ Thu, Apr 24th ]: theinventory
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[ Thu, Apr 24th ]: CNN
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[ Thu, Apr 24th ]: Newsweek
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[ Thu, Apr 24th ]: MassLive
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[ Wed, Apr 23rd ]: Fortune
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[ Wed, Apr 23rd ]: CNN
Russians are still traveling around Europe despite sanctions. Not everyone's happy about it | CNN
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This Compelling Time Travel Adventure Is A Must-Play
[ Wed, Apr 23rd ]: Fortune
Sunrun CEO Mary Powell and the future of energy in the U.S.
[ Wed, Apr 23rd ]: Forbes
Faith Travel Returning To The Holy Land With 2025 Jubilee Year
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Wiz Khalifa May Be a Flat Earther 'Because I've Traveled So Much'
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13 Essential Travel Accessories Straight Out of the ELLE Editor Group Chat
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Survey: Fewer Than Half of Americans Plan to Travel This Summer; Cost is a Major Concern
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How A CEO Who Travels Half The Year Stays Productive Anywhere
[ Tue, Apr 22nd ]: theinventory
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[ Tue, Apr 22nd ]: Fortune
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[ Tue, Apr 22nd ]: BBC
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[ Tue, Apr 22nd ]: WOFL
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[ Tue, Apr 22nd ]: MLive
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How to Use a Travel Neck Pillow
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Marie Kondo Uncovers New Joy Through Travel with Klook
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[ Mon, Apr 21st ]: Mandatory
Here's Jennifer Aniston's 'Extreme Fear' & How She Overcomes It
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What Is Airport Theory? An Expert Weighs in on 'Pointlessly Risky' TikTok Travel Trend
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Luxury Travel Experts Reveal Their Ultimate Off-The-Beaten-Path Trips
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Pacific Drive's Endless Expeditions update brings all sorts of new & exciting travels
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Blue Origin's all-female crew returns to Earth after traveling to edge of space
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Trump's Powell threats sink stocks in rocky start to trading week
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Lisbon residents call for vote on restricting vacation rentals
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Gold rallies to record on trade war concerns and weaker dollar
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The U.S. trade deficit: It's time to dump do-it-yourself economics and go back to basics


  Copy link into your clipboard //travel-leisure.news-articles.net/content/2025/ .. it-yourself-economics-and-go-back-to-basics.html
  Print publication without navigation Published in Travel and Leisure on by Fortune

The Trump admin and critics alike seem unaware of a key mechanism that governs the magnitude of a trade balance.

The article from Fortune, titled "Trump's Tariffs and the Trade Deficit: A Case of Do-It-Yourself Economics," critiques President Trump's approach to reducing the U.S. trade deficit through tariffs. It argues that Trump's belief in using tariffs to force other countries to buy more American goods is based on a misunderstanding of how trade works. The piece explains that trade deficits are influenced by broader economic factors, such as savings and investment rates, rather than simple bilateral trade balances. It highlights that Trump's tariff policies could lead to retaliatory measures from other countries, potentially harming U.S. exporters and increasing costs for American consumers. The article suggests that a more effective strategy would involve addressing underlying economic issues and fostering international cooperation rather than engaging in what it describes as "do-it-yourself economics."

Read the Full Fortune Article at:
[ https://fortune.com/article/trump-tariffs-trade-deficit-do-it-yourself-economics/ ]

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