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Tag: 2021 trade gap

Industries, Others

US taste for imports drives 2021 trade gap to record $859B

February 9, 2022

Via: ABC News

The U.S. trade deficit soared to a record $859.1 billion last year as Americans splurged on foreign-made electronics, toys and clothing during the economy’s unexpectedly robust recovery from a short but nasty 2020 pandemic-fueled recession. The trade gap — the […]