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U.S. President Donald Trump, speaks during a meeting with Leo Varadkar, Ireland’s prime minister, not pictured, in the Oval Office of the White House in Washington, D.C., U.S. (Photographer: Olivier Douliery/Pool via Bloomberg)
(Bloomberg Opinion) -- There were a few headlines last week to the effect that the 2018 U.S. trade deficit was an all-time record. That’s a dubious assertion. Yes, the reported $891 billion trade d...