Author: Kevin Breuninger

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Trade Deficit Soars to Highest Level in Nearly Five Years

The U.S. trade deficit in January widened to its highest level since March 2012 – unwelcome news for the Trump administration, which recently decried deficits as potential threats to national security. January’s trade deficit was 9.6 percent higher than in December, as the gap between imports and exports grew to […]

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Trade Deficit Narrows, Ending Widest Year Since 2012

The U.S. trade deficit narrowed slightly in December as exports outpaced imports, a welcome development for President Donald Trump as he sets out to shrink the gaps with America’s trading partners. The trade deficit for December was $44.3 billion. U.S. goods and services sold abroad in December surpassed imports by […]