Press Release: Trade Deficit Hits Four-Year High, Government Report
Washington ~ The U.S. Department of Commerce released a report yesterday showing that the US trade deficit rose to $502.3 billion, its highest level since 2012. “The huge trade deficit continues to hollow out U.S. manufacturing industry and depress real incomes in many parts of the country,” said Jeff Ferry, CPA Research Director. “All eyes are on the Trump Administration…