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Wednesday, September 30th, 2020
Home » Tag Archives: Trade deficit

Tag Archives: Trade deficit

U.S. companies on an inventory buying binge

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Goods trade deficit rises; inventories increase REUTERS, SEPTEMBER 29, 2020 WASHINGTON (Reuters) – The United States’ trade deficit in goods increased in August, with imports surging as businesses rebuild inventories which were depleted early in the COVID-19 pandemic, suggesting trade could be drag on economic growth in the third quarter. Still, the widening in the goods trade gap reported by …

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U.S. trade deficit grows to $64B, highest in 12 years

Container terminal

PortandTerminal.com, September 4, 2020 Despite bloody trade wars and a renegotiation of NAFTA with Canada and Mexico, America’s trade deficits remain stubbornly high. WASHINGTON – After narrowing in the early months of the year due to coronavirus shutdowns, the gap between what the United States buys from the rest of the world and what it sells widened to its highest level …

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