Trade Deficit Rises 4.9% In September As This Year’s Goods Gap Set To Topple $1 Trillion Again
The September trade deficit rose over August with no end in sight to a record breaking goods gap led by imports from China, the EU and Mexico.
The September trade deficit rose over August with no end in sight to a record breaking goods gap led by imports from China, the EU and Mexico.
In the wake of the COVID pandemic, consumers have become painfully aware of America’s heavy dependence on imports. The recent Amoxicillin shortage in hospitals has made this particularly clear since the United States is now highly reliant on imported antibiotics and other lifesaving medications. The United States is so deep in the hole when it…
Americans are understandably worried about internet privacy. In particular, they fear their personal information could be hacked at any time. And if you ask them whether China should have access to their social security numbers, credit cards, and banking info, the answer would be a resounding “No.” We live in a digital world, though. And…