US Trade Deficit Soars To Record High As Exports Tumble

[moweike]

https://www.zerohedge.com/news/2018-11-28/us-trade-deficit-soars-record-high-exports-tumble

The October advanced trade balance (deficit) of goods worsened to $77.2 billion ($77.0 billion expected) from $76.3 billion in September.

• Imports rose 0.1% in Oct. to $217.764b from $217.554b in Sept.
  
  
• Exports fell 0.6% in Oct. to $140.517b from $141.303b in Sept.
  

This is a new record high deficit for Trump's America...

In December 2016, the US goods trade deficit was $63.485 billion.

In October 2018, the US goods trade deficit is $77.2 billion.

A dramatic rise of almost $14 billion since Trump's election and trade war started.

Since this is an advance print, there is no color on China trade data.

 

[moweike]

 

[DoTell]

They’d better send some more B52’s to the scs for some freedom operations before these peace guarding birds run out of money