Trump Administration Considers Change in Calculating U.S. Trade Deficit
Tweak in counting exports could bolster president’s case for redoing Nafta, other trade deals
WASHINGTON—The Trump administration is considering changing the way it calculates U.S. trade deficits, a shift that would make the country’s trade gap appear larger than it had in past years, according to people involved in the discussions.
The leading idea under consideration would exclude from U.S. exports any goods first imported into the country, such as cars, and then transferred to a third country like Canada or Mexico...