The U.S. trade deficit rose to a seven-month high in September as imports surged to a record high amid strong domestic demand, offsetting a rebound in exports.
The Commerce Department said on Friday the trade gap increased 1.3 percent to $54.0 billion, widening for a fourth straight month. Data for August was revised to show the trade deficit rising to $53.3 billion instead of the previously reported $53.2 billion.
The trade deficit continues to deteriorate despite the Trump administration’s protectionist trade policy, which has left the United States locked in a bitter trade war with China as well as tit-for-tat tariffs with other trade partners, including the European Union, Canada and Mexico.
The politically sensitive goods trade deficit with China jumped 4.3 percent to a record high of $40.2 billion in September. Economists polled by Reuters had forecast the overall trade deficit rising to $53.6 billion in September.
In September, imports of goods and services increased 1.5 percent to $266.6 billion, an all-time high. Imports of capital goods such as telecommunications equipment, civilian aircraft engines and computers were the highest on record.
There were also increases in imports of toys, cell phones, apparel and household goods.
Daily reminder that the trade policy of Trump is exactly like the proposed trade policy of Bernie Sanders. So if you want to vote leftwing you will get the same product
Plus, china recently ended term limits, so that's pretty cool right?
Ryan Morris
I'd honestly love Trumptards to give their definition of winning because so far, I've haven't seen much of it.
Bentley James
sounds like you aren't paying attention then.
Chase Lopez
They really are mount breathing retards
Julian Russell
God damn you auto correct
Zachary White
I'll have 3 more burgers cause i want to put more fat on my body use the US health system and increase productivity
Trumpnomics
Matthew King
Trumpnomics™
Jackson Lewis
the hardcore ones
A lot are just worried former middle class people.
Even worse than the stupid ones, sre the greedy ones(Trump is Mammon personified)
Parker Gonzalez
Don't bother, most of these retards don't even understand that Trumps main executive policies are actually agreed on at a bipartisan level. That's why they haven't stopped Trump from blocking the south border with the US military and why they don't stop his tarrifs. Democrats pretend to disagree with him for their retarded voter base, just like how Republicans pretended to disagree with Obama. It's just a show. No, I'm not one of those retards that think both parties are the same, just that they agree with eachother a lot more than they let on. America is a very moderate country
Nathan Turner
Not true: Becaue mc cancer falls under GDP From services. Leftwingers have no idea how to do economics like usual.
Over the last few years, economic conditions are improving=more demand of goods. the numbers also show an increase of production GDP.
Finally, some brains in the comment section, thank you for the reply
Liam Robinson
You're naive if you think that. The tariffs are to fuck with China and get a better trade deal.
Camden Butler
Daily reminder that this isn't a possible scenario with how things are going now. The US is currently out-tariffing China. Additionally more products are being made in the US than shipped in from China.
This is a results led title where the manufactured numbers to confirm the results they wanted.
Kevin Gray
They weren't meant to force people who buy Chinese to pay taxes out the ass and they are doing it.
