Wednesday, 7 February 2018 () The gap between Chinese goods imported to US and US goods exported to China rose to $375.2bn last year, up from $347bn the prior year, data released by the Commerce Dept showed. The overall US trade deficit in goods & services with the world widened 12.1% to $566bn last year, the largest gap since 2008.
The U.S. trade deficit widened more than expected in December to its highest level since 2008, as robust domestic demand pushed imports to a record high, adding to the stiff headwinds faced by the Trump administration’s “America First” trade policies. The import-driven surge in the trade gap...
Wednesday, 7 February 2018 ()
