US trade deficit jumped 94.6% in Nov. to $56.8 billion
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US trade deficit hits 16-year low amid gold rush, fewer imports
The United States has not seen a trade gap this small since the aftermath of the global financial crisis, and the shift is arriving for unusual reasons. A surge in gold shipments, a pullback in pharmaceutical imports,
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Trump wanted to reduce trade deficits, but at least one has ballooned since he took office
A stated goal of President Donald Trump's ambitious tariff policy was to reduce the United States' trade deficits around the world, but at least one has ballooned this year: the travel trade deficit. A trade deficit occurs when a country imports more goods ...
By Promit Mukherjee OTTAWA, Jan 29 (Reuters) - Canada posted a huge jump in its monthly international trade deficit in November as merchandise exports dropped by a big margin, data showed on Thursday,