U.S. Trade Deficit Hits All-Time Record During Trump Presidency

U.S. Trade Deficit Hits All-Time Record During Trump Presidency

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President Trump has promised repeatedly to bring the trade deficit under control. Instead, it has exploded. The latest figures from the Commerce Department show that the US last year ran a trade deficit of $891.2 billion, the largest in American history. The deficit with China hit a record $419 billion, despite the President’s trade sanctions against that country.

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