What was the effect of Trump's policies on offshoring jobs?
Biden Attacks Trump's Jobs Record
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Business, Social Studies
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The transcript critiques President Trump's handling of the economy, highlighting his failed response to COVID-19, which exacerbated an already declining manufacturing sector. It discusses the increase in offshoring by federal contractors and the doubling of such activities under Trump's administration. The U.S. trade deficit reached an all-time high, and Trump's tax policies are criticized for rewarding offshoring, allowing corporations to profit by sending jobs overseas and selling foreign-made products back to the U.S.
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How did the U.S. trade deficit change during Trump's presidency?
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