U.S. · ECONOMY · NOV 12, 3:59 PM ET
Trump trade chief Greer speaks with ‘Squawk Box’ as tariff threats rise
Reported by 2 outlets in the past day, including CNBC, TOKENPOST.
1What happened
Trump’s tariffs, which have ignited trade wars with multiple U.S. economic partners, will likely be a top target for Democrats once they take control of Congress. CNBC ↗
2Compared to what
Trade balance, share of the economy: -3.7%. Lower than in 88% of quarters since 1947.
BEA; net exports ÷ GDP · More in perspective