U.S. Trade Deficit Falls 9% in March to $64.2 Billion; Goods Deficit at $269.8 Billion on Year
Monthly trade figures show a slowing economy. Deep dives show goods gap likely to shrink. And in advanced tech, only aerospace has a trade surplus.
Monthly trade figures show a slowing economy. Deep dives show goods gap likely to shrink. And in advanced tech, only aerospace has a trade surplus.
Key Points The trade deficit with China has cost the U.S. 3.82 million jobs since 2001. Three-quarters of the job loss is concentrated in manufacturing,