U.S. Trade Deficit Reaches A Record High

Posted by Fred Dunkley

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Despite—or because of—all the tariffs and the intensifying trade war, the U.S. goods trade deficit reached a record high in October, hitting $77.2 billion, based on Census Bureau data.

Issues of national security aside, one of the key selling points of the trade war has been to reduce America’s trade deficit and make things fair again—so October’s data is a bit of a slap in Washington’s face…. CLICK for complete article