W3Schools

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

Getty Images
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.

>>> Original Source <<<

Comentários