News & Stories Economy Are trade deficits bad? No, economist says Connor Donevan Ailsa Chang Courtney Dorning April 03, 2025 / 2:12 pm For decades, Trump has been arguing that trade deficits are bad. BUT - should we be eliminating trade deficits at all? Economist and Harvard professor Jason Furman says no. Why you can trust KUOW Recommended Stories Amazon lays off 16,000 employees in major reduction of force January 28, 2026 Seattle's job market shrunk in 2025, marking first dip since Covid January 27, 2026 Tech layoffs drive Seattle-area unemployment above 5% January 21, 2026
