Trump is losing the trade war with China based on his favorite report card, and it’s probably going to keep getting worse

Shrinking the US trade deficit has been a key goal of President Donald Trump’s trade war. But the US Census Bureau announced Thursday that the US trade deficit grew to $55.5 billion in the month of October, the highest in exactly 10 years. That was a 1.7% jump from September, as imports rose by 0.2%…