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Trade Deficit Flares as U S Exports Debate Intensifies
AP analysis notes a $12.2 billion June trade gap fueling old disputes over imports and export incentives. Calls grow to restore DISC tax deferrals while experts warn floating rates do not solve competitiveness. Industry leaders like David Garfield push reinstating DISC benefits amid protectionism fears.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Germany
Japan
Dustry
U.S
David Garfield
Ingersoll-Rand