Trade deficit in goods jumps 12.8 percent amid tariff battle

The U.S. trade deficit in goods rose 12.8 percent in December, according to an advanced estimate from the Census Bureau.

The move comes amid trade hostilities between the U.S. and China and a White House effort to lower the gap.

Rising trade deficits subtract from GDP, meaning that fourth-quarter estimates could be reduced.

https://www.cnbc.com/2019/02/27/trade-deficit-in-goods-jumps-12point8-percent-amid-tariff-battle.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Submitted February 27, 2019 at 09:56AM by NineteenEighty9 https://ift.tt/2NuMcfc