US Trade Deficit in 2020 Worst since 2008, Goods Deficit Worst Ever Despite First Ever Petroleum Surplus. Services Surplus Drops Again
by Wolf Richter, Wolf Street: But the Trade Fiasco with China was the least terrible since 2013. The US trade deficit in goods worsened by 6% in 2020, to $916 billion, the biggest and worst ever. Exports of goods plunged by 13.2% to $1.43 trillion, the worst since 2010. Imports of goods during the year […]
Source: https://www.sgtreport.com/2021/02/us-trade-deficit-in-2020-worst-since-2008-goods-deficit-worst-ever-despite-first-ever-petroleum-surplus-services-surplus-drops-again/
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