U.S. Trade Deficit in Manufactures Up 16% in the Third Quarter, Chinese Surplus Flat
The U.S. global trade deficit in manufactures soared by 16%, or $24 billion, in the third quarter compared with 2014, following the 19% growth in the first half of 2015. This resulted in a trade-related loss of about 150,000 American manufacturing jobs in the third quarter, headed toward more than 600,000 for the calendar year.…