US trade gap falls 15% in Jan.

Horn6721

Hook'em
"WASHINGTON (AP) — The U.S. trade deficit tumbled nearly 15 percent in January as imports fell and exports rose. Shipments of American goods to China skidded to the lowest level in more than eight years as the world’s two biggest economies remained locked in a trade war.

The Commerce Department said Wednesday that the gap between the goods and services that the United States sells and what it buys from other countries dropped by 14.6 percent to $51.1 billion in January from $59.9 billion in December. Exports rose 0.9 percent to $207.3 billion, and imports dropped 2.6 percent to $258.5 billion.
More info at US trade gap falls 15 percent to $51.1 billion in January

But it is more important to keep bashing him over tweets and parts of his personality you don't like.:rolleyes1:
 
I still heard on the radio yesterday that the tariff with China is costing US citizens over a billion $s a year in wealth. It isn't the biggest factor, but it is still a net negative.

Trade balance is a bit of a meaningless thing if you are receiving less wealth in the process.
 

Weekly Prediction Contest

* Predict HORNS-AGGIES *
Sat, Nov 30 • 6:30 PM on ABC

Recent Threads

Back
Top