This week, the US imposed tariffs on the world, in proportion to America's trade deficit with each country, before putting tariffs for all but China on pause.

But what is a trade deficit? And is it a problem the US has the highest total trade deficit in the world? (It depends.) https://www.npr.org/2025/04/09/1243652738/tariffs-trump-trade-deficit-white-house (24 minute listen)

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