Trump officials say they are not changing methodologies to calculate trade deficit

Trump administration officials this week defended the current methodologies applied to collect and present U.S. trade data and statistics, and dismissed as “completely inaccurate” a report by the Wall Street Journal that claimed U.S. agencies are considering changing those methodologies. Last week's Wall Street Journal article stated that administration officials have asked the Commerce Department and the Office of the U.S. Trade Representative to change the way they calculate trade flows in a manner that would increase the...