Miami Trade Surplus Runs Counter to Trump’s View of U.S. Failure
- Trump has attacked trade deals and promised tighter borders
- Miami business leaders say trade is key to their economy
Thiel: Trump Right on Trade, Supporters Tired of War
When Donald Trump laments the U.S. trade deficit as a sign of economic mismanagement, he’s clearly not talking about South Florida. The Miami customs district consistently runs one of America’s biggest surpluses.
As billionaire Miami real-estate developer Jorge Perez tells it, the city is the closest thing the U.S. has to a modern-day Phoenicia: a hub community perfectly situated between New York and Latin America, sustained above all by a heavy flow of goods and people. Perez, who is supporting Democrat Hillary Clinton but has called Trump a friend for years, said the Republican nominee’s vision on trade and immigration would be a disaster for Miami. That’s a big reason he said thinks Trump will lose the state and, as a result, the election.