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Jimmy Kimmel asked a 2nd grader to explain trade to Trump. She didn't disappoint.

'Are trade deficits good or bad? They're both, Mr. President.'

Managing global economics isn't for everyone.

It takes levelheadedness, a knack for diplomacy, and a basic understanding of math.


Unfortunately, if the recent tweets by businessman-turned-President Donald Trump are any indication, he may be lacking in all three.

On April 4, Trump tweeted that "when you're already $500 billion DOWN, you can't lose!"

The statement was in regards to the U.S. trade deficit. America's largest deficit, by country, is with China.

In recent weeks, Trump has escalated talks of a trade war with China, slapping a 25% tariff on several Chinese-made products on April 3. China retaliated by imposing its own tariffs on $50 billion-worth of American goods, including pork and soybeans.

Many economists say these moves will inevitably hurt workers in U.S. agricultural and manufacturing sectors — ironically, the same industries Trump vowed to protect.

The scary thing, as Jimmy Kimmel pointed out during the April 5 episode of his show, is that Trump doesn't seem to understand the complexities of trade.

“[Trump] seems to think that if one side has a deficit, that side is losing by $500 billion," Kimmel said, pointing to Trump's tweet. "That's not how trade deficits work."

So, on the off-chance Trump might be tuning in that night, the late night host asked a second-grader named Shilohto explain the concept of trade deficits to the president.  

It was funny, adorable — and actually really informative, too. Check it out (story continues below):

It's OK — if global trade isn't your forte, I'll break down Shiloh's lesson.

"What is a trade deficit?" she began the video. "It sounds like a bad thing. But really, it's just the difference between how much we buy from another country and how much we sell to that country. So, if we buy more stuff from China than we sell to them, that's a trade deficit."

[rebelmouse-image 19477017 dam="1" original_size="566x242" caption="All GIFs via "Jimmy Kimmel Live!"/YouTube." expand=1]All GIFs via "Jimmy Kimmel Live!"/YouTube.

"But don't freak out," she assured viewers. "We didn't actually lose anything, because we have all the stuff we bought."

Despite the scary name, deficits can actually be a good thing, she explained — it often indicates a strong national economy and means we have more money on hand to spend.

"But there are problems," as she pointed out.

Trump's more populist, protectionist ideas have some merit. She said, "Some American workers lose their jobs making stuff if we buy that stuff from other countries." Those abroad who end up with those jobs may work under dangerous working conditions and get paid less than U.S. workers would have.

The moral of Shiloh's story?

Trade deficits are complicated. They result in both pros and cons for us in the U.S. And the totality of their effects can't be adequately summed up in a 280-character tweet.

"So, are trade deficits good or bad? They're both, Mr. President," Shiloh concluded. "If you have any other questions, let me know. Good luck."

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A recently posted story on Reddit shows a mother confidently standing up for her family after being bullied by a teacher for her culture. Reddit user Flowergardens0 posted the story to the AITA forum, where people ask whether they are wrong in a specific situation.

Over 5,600 people commented on the story, and an overwhelming majority thought the mother was right. Here’s what went down:

“I (34F) have a (5M) son who attends preschool. A few hours after I picked him up from school today, I got a phone call from his teacher,” Flowergardens0 wrote. “She made absolutely no effort to sound kind when she, in an extremely rude and annoyed tone, told me to stop packing my son such ‘disgusting and inappropriate’ lunches."

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The hobby has caught the attention of law enforcement and government agencies because urban waterways are a popular place for criminals to drop weapons and stolen items after committing a crime. In 2019, a magnet fisherman in Michigan pulled up an antique World War I mortar grenade and the bomb squad had to be called out to investigate.


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