Trade War 101: US Imports Are Rising, Trade Deficit Is Rising, Exports Are Falling
via CNBC: The U.S. trade deficit in goods rose 12.8 percent in December, according to an advanced estimate from the Census Bureau. The move comes amid trade hostilities between the U.S. and China, and a White House effort to narrow the gap. Rising trade deficits subtract from GDP, meaning that fourth-quarter estimates could be reduced. … Read more