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.
4 comments:
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.
Okay, I won't.
Soooo our trade deficit was lowering during the Clinton and Bush years?
I guess that's why he's playing hardball with the Chinese.
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