The US trade deficit rose to a maximum in six months in August

108575

In August, the US trade deficit reached a maximum of six months value of 53 billion 200 million dollars, having increased from 50 billion dollars in July, official data showed. Experts had predicted an even stronger growth - up to 53 billion 600 million dollars. The figure is growing, despite the efforts of US President Donald Trump to achieve its reduction due to trade disputes with China, the EU, Canada and Mexico. The trade deficit with China rose to a record size in August. And although the United States, Canada and Mexico reached an agreement on trade between these countries, Donald Trump retained import duties on steel and aluminum for Canada and Mexico.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong
Message: