The goods and services trade gap expanded from the prior month to $70.3 billion... The shortfall culminated in a full-year deficit of $901.5 billion, still one of the largest in data back to 1960.
The December deficit reflected a 3.6% increase in the value of imports. Exports of goods and services declined 1.7%.
The president "has leaned on tariffs as part of his strategy to reduce reliance on foreign goods, encourage domestic investment and correct decades of declines in manufacturing employment."
$56 trillion national debt leading to a spiraling crisis: Budget watchdog warns the U.S. is walking a crumbling path
How's it working out to have a "business" person trying to run a country? We could be in a depression in the next 3 years. Although, I'm already a little down in the dumps.
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TN Politics
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- Cutting Prices on Doritos Has Paid Off, PepsiCo Says - WSJ (Business)
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