The trade deficit surged 8.6% in October to 9-month high of $48.7 billion as the U.S. imported a record amount of goods from China, Mexico, European Union. OPEC also gained at the expense of the U.S.
Economic Report: Trade Deficit Soars As U.s. Imports Record Amount Of Goods From China, Mexico, Europe
MarketWatch.com - Top Stories, MarketWatch
Tue, 12/05/2017 - 6:55am
BING NEWS:
- These 5 Imports Are Causing 27% of America's Trade Deficit
The five products that account for 27.5% of America's trade deficit are pharmaceuticals, cars, car parts, oil, and computers.
11/27/2024 - 10:30 am | View Link - U.S. trade deficit in goods shrinks after end of port strike. Trump could change trade flows.
The U.S. trade deficit in goods narrowed by 8.8% in October after the end of a short port strike that had forced importers to accelerate orders to avoid being caught short by the labor impasse. The ...
11/27/2024 - 12:52 am | View Link - What Happens to the U.S. Dollar During a Trade Deficit?
Trade deficits happen when imports exceed exports. During a trade deficit, the U.S. dollar generally weakens, driving foreign investment.
11/22/2024 - 1:58 am | View Link - More
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