Wednesday, 6 December 2017

U.S. trade gap soars as imports from China hit record high

U.S. trade gap soars as imports from China hit record high

The U.S. trade deficit jumped 8.6 percent in October as imports from China and other suppliers hit a record high ahead of the holiday shopping season, a Commerce Department report released Tuesday showed. The monthly trade gap totaled $48.7 billion, the highest level for a full month since President Donald Trump took office on Jan. 20.
Read more: https://www.politico.com/story/2017/12/05/us-trade-deficit-china-280949?source=Snapzu

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