Despite #Trump's promise to reduce the trade deficit, the Nov. gap is the widest in almost 6 years. Ex oil, it's the largest monthly trade deficit in history. Imagine how high future trade deficits will be if the dollar keeps falling and oil prices rise back above $100!

Despite #Trump's promise to reduce the trade deficit, the Nov. gap is the widest in almost 6 years. Ex oil, it's the largest monthly trade deficit in history. Imagine how high future trade deficits will be if the dollar keeps falling and oil prices rise back above $100!

— Peter Schiff (@PeterSchiff) January 5, 2018