Services industry, economists bash trade deficit analysis at public hearing
Government officials on Thursday heard a range of voices during a hearing called to inform a Commerce Department-led review of bilateral trade deficits, with the services sector and economists blasting the study as too narrow in scope while industry groups argued that deficits are threats that should be urgently addressed. The May 18 public hearing was the first of many called for in a cluster of executive orders on trade issued by the Trump administration. The hearing, kicked off by...