Donald Trump has been fixated on the trade deficit recently. He keeps bringing it up to rationalize the sweeping tariffs he wants to impose on basically the entire world. But does the president even understand what it actually is? A trade deficit isn’t inherently a bad thing. It doesn’t necessarily mean that America is being “ripped off,” as Trump has suggested before. It’s an important concept to understand so let Ali Velshi explain what it actually is instead of what Trump wants you to think it is. For more context and news coverage of the most important stories of our day click here: https://www.msnbc.com/ » Subscribe to MSNBC: https://www.youtube.com/msnbc » Subscribe to MSNBC on TikTok https://www.tiktok.com/@msnbc » Subscribe to MSNBC on Instagram https://www.instagram.com/msnbc Download our new MSNBC app for the latest breaking news and daily headlines at a glance: https://www.msnbc.com/information/dow... Follow MSNBC Show Blogs MaddowBlog: https://www.msnbc.com/maddowblog MSNBC delivers breaking news, in-depth analysis of political headlines, commentary and informed perspectives. Find video clips and segments from The Rachel Maddow Show, Inside with Jen Psaki, Morning Joe, The Beat, Deadline: White House, All In, The Last Word, The 11th Hour, and more. Connect with MSNBC Online Visit msnbc.com: https://www.msnbc.com/ Subscribe to the MSNBC Daily Newsletter: https://link.msnbc.com/join/5ck/msnbc... #trump #tariffs #economy
Launched in 2008, “The Rachel Maddow Show” follows the machinations of policy making in America, from local political activism to international diplomacy. Rachel Maddow looks past the distractions of political theater and stunts and focuses on the legislative proposals and policies that shape American life - as well as the people making and influencing those policies and their ultimate outcome, intended or otherwise.
Lawrence O’Donnell brings his extraordinary background in politics and entertainment to “The Last Word with Lawrence O’Donnell,” airing weeknights on MSNBC. Drawing upon his experience as a former chief of staff on the Senate Finance Committee and as an Emmy-winning executive producer and writer of “The West Wing,” O’Donnell gives the last word and rewrites the most compelling stories of the day.