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Tag Archives: US recession

U.S. Total Trade Slumps to Lowest Level in Almost a Decade

BLOOMBERG, JUNE 4, 2020 By Ana Monteiro for Bloomberg – U.S. trade in goods and services plunged in April to the lowest level in almost a decade as the Covid-19 pandemic stifled demand and hindered logistics. Exports declined from the prior month by 20.5%, the biggest drop in comparable data back to 1992, to $151.3 billion. Imports decreased 13.7%, also the …

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