Imports: Part of America’s Secret Sauce
They’re Not a Dirty Word
Scott Miller / Global Trade Magazine
What’s the most positive word uttered by politicians on trade? Exports. What’s the most negative? Deficit.
More specifically, when many politicians talk about trade, they often promote exports as an inherently good thing, and decry the US trade deficit as evidence that other countries are taking advantage of us.
But that characterization leads the general public to suspect that imports are a problem, and somehow Americans would be better off if we were to import fewer goods and services from abroad...
Full Article (via globaltrademag.com)
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