US Trade Deficit Hits $621B in 2018; Goods Deficit & China Deficit Hit New Records
By Jeff Ferry, CPA Chief Economist Data published this morning by the Department of Commerce show that US trade figures continued to worsen in December and for the year 2018, in response to the strengthening dollar, a fast-growing US economy, and a surge in imports to front-run last year’s tariffs, while President Trump’s trade measures…