{"id":67498,"date":"2018-03-08T16:20:23","date_gmt":"2018-03-08T16:20:23","guid":{"rendered":"http:\/\/www.bnreport.com\/trump-blames-past-presidents-as-far-back-george-h-w-bush-for-economic-woes-2\/"},"modified":"2018-03-08T16:20:23","modified_gmt":"2018-03-08T16:20:23","slug":"trump-blames-past-presidents-as-far-back-george-h-w-bush-for-economic-woes-2","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/trump-blames-past-presidents-as-far-back-george-h-w-bush-for-economic-woes-2\/","title":{"rendered":"Trump blames past presidents as far back George H.W. Bush for economic woes"},"content":{"rendered":"

WASHINGTON \u2014 President Donald Trump attacked the economic track record of his predecessors Wednesday morning, blaming presidents dating back nearly 30 years for accumulating the trade deficits that he has railed against and pledged to reverse.<\/p>\n

\u201cFrom Bush 1 to present, our Country has lost more than 55,000 factories, 6,000,000 manufacturing jobs and accumulated Trade Deficits of more than 12 Trillion Dollars,\u201d the president wrote on Twitter. \u201cLast year we had a Trade Deficit of almost 800 Billion Dollars. Bad Policies & Leadership. Must WIN again! #MAGA\u201d<\/p>\n

While Trump has long been a critic of what he labels unfair international trade, the issue has taken center stage at the White House in recent days after the president\u2019s announcement last week that he intends to impose tariffs on the import of foreign aluminum and steel, a step he says will protect American workers. Trump has said any trade war triggered by new tariffs would be easy for the U.S. to win.<\/p>\n

Even before the official installation of the tariffs, major U.S. trade partners including China and Canada have expressed their displeasure with the president\u2019s announced policy. The European Union, which collectively is America\u2019s largest trading partner, has threatened to impose reciprocal tariffs.<\/p>\n

Trump\u2019s new tariffs have also proved unpopular with some in his own party and even with some inside the West Wing. Chief economic adviser Gary Cohn, who had lobbied Trump hard against the tariffs, announced Tuesday that he would resign from the White House, and top Republicans, including House Speaker Paul Ryan (R-Wis.) have been vocal in their opposition to the president\u2019s plan.<\/p>\n

Original Article<\/a><\/p>\n

[contf] [contfnew] <\/p>\n

<\/a><\/h5>\n","protected":false},"excerpt":{"rendered":"

WASHINGTON \u2014 President Donald Trump attacked the economic track record of his predecessors Wednesday..<\/p>\n","protected":false},"author":1,"featured_media":67499,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-67498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nTrump blames past presidents as far back George H.W. 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