Topic

Trade deficits

The gap between a country's imports and exports, and the long-running argument over what causes it and how much it matters.

Current clusters

invest1 publisher

Fortune traces the Canada trade deficit to crude the Midwest buys at a discount

Fortune attributes the US goods deficit with Canada to oil bought cheap for Midwest refineries. Washington's answer so far is a 50% tariff on $20 billion of Canadian products and an import ban on whey, alcohol and mopeds.

Publishers:fortune.com

Reality

Evidence62
Adoption68
Hype gap+10
Incentives55
Confidence58