US Trade Gap Rises To $56.6 Billion, Highest Since 2008

Mar 7, 2018 |
US Trade Gap Rises To $56.6 Billion, Highest Since 2008

The U.S. trade deficit rose in January to the highest level since October 2008, defying President Donald Trump’s efforts to bring more balance to America’s trade with the rest of the world. The Commerce Department said Wednesday that the trade deficit rose to $56.6 billion in January, up 5 percent from $53.9 billion in December and the highest since October 2008′s $60.2 billion trade gap. The trade deficit — the gap between what America sells and what it buys abroad — has risen for fi
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