Posted 4/7/2025 22:07 (#11180467 - in reply to #11180079) Subject: RE: US Trade deficits in 2024
Durant EC Iowa
A deficit is an excess of expenditures over income. As a businessman you do not want to be in this situation very long or you will not be in business.
A trade deficit is different. I'll make this short. I think we can agree that if other countries would purchase more agricultural crops from the US (and therefore reduce the deficit) we as farmers would be much better off.
US Trade deficits in 2024
