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U.S. Trade Deficit in Goods Reaches Record High in August

Michael Klein shares his reaction to the record high U.S. trade deficit, in a conversation with the South China Morning Post.

The US trade deficit in goods reached a record high in the month of August, according to new data published by the Commerce Department on Tuesday.

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“I’m not surprised by these numbers,” added Michael Klein, a professor at the Fletcher School of Law and Diplomacy at Tufts University. “The trade deficit with China is probably reflecting trade policy.”

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