A korrentour readingWhat is a korrent?
Drawn from what John H. Cochrane said
tariffs Taxes on imports: whether they close a trade deficit, what they do to prices, and what they are really for.
On the topicDo tariffs do what they are imposed to do?under our view: A trade deficit is a capital surplus, so the deficit to fix is the budget's
Word for word, with the source under each one. They did not write this page.
Economist at the Hoover Institution
this story tells us how an increase in foreign demand to save in the US rather than at home will push up the dollar, and cause the trade deficit, which is in effect how foreigners send us factories which they would rather build here than in their own countries.
Where this was said
↗Tariffs, saving, and investmentgrumpy-economist.com
All 6 korrents from this piecethis one is 2nd
Added to korrents 14 Apr 2025 · How quotes work · Something wrong? Tell us
Supports
The predicted interest-rate spike follows only if the trade deficit is the capital surplus seen from the other side. If foreigners are not financing the budget deficit by buying American assets, closing the trade gap does not force domestic savings to replace them.
Our reading — they may agree, disagree or merely touch the same thing. Closest first: a shared subject counts for most, then how near the wording is.