Economic Report: U.S. imports hit all-time high, trade deficit with China sets new record despite tariffs

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The U.S. trade deficit isn’t getting any smaller despite efforts by the Trump administration to bring it down.

The numbers: The nation’s trade deficit rose 1.3% in September to a seven-month high as imports set a fresh record, confounding efforts by the Trump White House to bring deficits down.

The deficit edged up to $54 billion from a revised $53.3 billion in August, the Commerce Department said Friday.

Economists polled by MarketWatch had forecast a $53.6 billion gap.

It’s the second biggest monthly trade deficit since Donald Trump became president in January 2017. What’s more, the trade deficit with China set a new record despite U.S.

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