trade deficits

  • US suffered huge trade deficits after Trump’s tariffs threat

    The U.S. trade deficit widened sharply in December, as imports reached an all-time high amid looming tariff threats, according to data released on Wednesday. The Commerce Department’s U.S. Census Bureau and the Bureau of Economic Analysis (BEA) announced that the goods and services deficit was 98.4 billion U.S. dollars in December, up 19.5 billion dollars,…

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