china, even though it was intended to improve the trade balance. but it s not just china. the deficit has increased with most of our other trade partners, too. among the u.s. 15 biggest trading partners, the trade balance has moved in the wrong direction for trump in ten of those countries between 2016 and 2018, while the aggregate trade deficit has jumped from $503 billion to $628 billion. the new york times reports the american manufacturing sector contracted last month. a key measure showed on tuesday heightening fears that the trade war with china could bring on a recession. the last team of presidential economic advisers who had to deal with the effects of a recession is the obama team of economic advisers who came into office facing the worst recession since the great depression of the 1930s. our first guest tonight,
relatively quiet about the trump tariffs and giving donald trump a very long leash in which he appears to be getting himself all tangled up politically. donald trump launched the trade war with china because he thought the united states trade deficit with china was too high. now it is higher. axios is reporting president trump s trade war has led to even bigger trade deficits with china, even though it was intended to improve the trade balance. but it s not just china. the deficit has increased with most of our other trade partners, too. among the u.s. 15 biggest trading partners, the trade balance has moved in the wrong direction for trump in ten of those countries between 2016 and 2018, while the aggregate trade deficit has jumped from $503 billion to $628 billion. the new york times reports the american manufacturing sector contracted last month. a key measure showed on tuesday
anyway, the stimulus is working. the act is having its intended effect, creating and saving jobs across this country for teachers, for cops, for construction workers, and making some key investments in the president s top priorities for the future, talking about clean energy, education, health care, et cetera. but as you can imagine, republicans are saying not so much. one thing they re pointing to is that unemployment remains at 10%. they re saying if this giant $8628 billion project had the kind of effect the white house describes we wouldn t still be here. and say they don t like some of obama s tax policies how he s handling small businesses. they i he could do more to build jobs. here s what one of the top republicans said yed. the policiies coming out of this administration have caused us to lose more jobs. we ve got to change those policies if we expect to get the economy going again and put americans back to work. i can t say one s right, one s wrong because we re deali