reducing the U.S. trade deficit

U.S. Current Account and The Dollar

October 9, 2018

Reducing the U.S. trade deficit is a centerpiece of President Trump’s economic policy agenda, but the imbalance has been widening in 2018. A $570.5 billion census-basis merchandise trade deficit in January – August was $50.4 billion, or almost 10%, larger than the year-earlier deficit. Bilateral deficits grew each by $21.4 billion with Europe and China. […] More