It's A 10-year High For The U.S. Trade Deficit

  • 5 years ago

According to Reuters, The U.S. trade deficit jumped to a 10-year high in October as soybean exports dropped further and imports of consumer goods rose to a record high, suggesting the Trump administration’s tariff-related measures to shrink the trade gap likely have been ineffective.
Other data on Thursday showed private employers hired fewer workers than expected in November, pointing to a moderation in the pace of job growth.

Recommended