Are trade deficits good or bad, and can tariffs reduce them?

Enrique Martínez García () and Kei-Mu Yi

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: Typically, trade deficits are viewed through a lens of exports and imports, with the latter exceeding the former. While that is a useful exercise, it’s also helpful to examine deficits through a macroeconomic lens.

Keywords: tariffs; trade deficits (search for similar items in EconPapers)
Date: 2025-09-04
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:101694

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