
Topic
How Trade Deficits Move Currencies and Capital
A deficit is not a scorecard. It is a flow of money that has to come back some other way.

A deficit is not a scorecard. It is a flow of money that has to come back some other way.

Every imported good gets a code, every code gets a rate, and the rate lands in your cart.

Customs collects the duty at the border, Treasury books it, and Congress spends it — three separate steps that are easy to blur.