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  "cid": "bafyreiawq7gmjgmz3syol743rrrfwoi4jdguoft3bszvtmdt44zjd5bstu",
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    "text": "On the day that President Trump announced a new round of tariffs on all trade partners, Maurice Obstfeld joined Gian Maria Milesi-Ferretti to discuss his new paper on the U.S. trade deficit. Listen to a new episode of the Brookings Podcast on Economic Activity.\nwww.brookings.edu/articles/why...",
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        "title": "Why does the US have a trade deficit?",
        "description": "The U.S. trade deficit has long been a source of political consternation, but it has come to the forefront in recent weeks. Just a few months into Donald Trump’s second term, he has made the trade def..."
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    "createdAt": "2025-04-17T16:34:22.628Z"
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