WASHINGTON: The skyrocketing US trade deficit hit the highest level in a decade last year despite President Donald Trump's global trade offensive, according to a government report yesterday. America's trade deficit with the world jumped 12.5 per cent to US$621 billion...
WASHINGTON: The skyrocketing US trade deficit hit the highest level in a decade last year despite President Donald Trump's global trade offensive, according to a government report yesterday.
America's trade deficit with the world jumped 12.5 per cent to US$621 billion , the Commerce Department reported. Trade gaps with China, Mexico and the EU also reached all-time highs even though Washington slapped tariffs on hundreds of billions in imports from its largest trading partners. -
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