The US trade deficit of goods widened to $79.5b in December from $70.5b in November as exports fell 2.8% and imports rose 2.4%.
That compared with the median estimate of economists for $73.6 billion.
Exports of Industrial Supplies and Capital Goods plunged in December and imports of food & beverage surged.
This is the widest goods trade deficit in US history.
Clueless, we'll see when his tax returns come out. Hate ACO all you want but she expertly wielded her questions during Cohens trial to be able to get Trumps tax returns.
ReplyDeleteOkay, I won't.
ReplyDeleteSoooo our trade deficit was lowering during the Clinton and Bush years?
ReplyDeleteI guess that's why he's playing hardball with the Chinese.
ReplyDelete