Tag: U.S. trade deficit

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 […]

Finance Tech, Trading

U.S. trade deficit in goods climbs 3.5% in August to record $82.9 billion

September 29, 2020

Via: Market Watch

The U.S. trade deficit in goods rose 3.5% in August to a record $82.9 billion, reflecting a sluggish rebound in exports that’s weighing on the broader economy and could slow the recovery from the coronavirus pandemic. Economists polled by MarketWatch […]

Finance Tech, Trading

U.S. trade deficit widens slightly in March even as gap with China falls to three-year low

May 9, 2019

Via: Market Watch

The numbers: The nation’s trade deficit rose slightly in March, but it continued to run below year-ago levels in a sign the gap might not weigh on the economy as heavily this year as it did in 2018. A chief […]