Tag: US Trade war

  • The US Records 1.9% Rise In Trade Deficit Despite Trade War With China

    The US Records 1.9% Rise In Trade Deficit Despite Trade War With China

    The Biden’s administration has recorded a commendable win as new reports details the record-breaking rise in goods importation in January that pushed the trade deficit 1.9 percent higher despite Covid-19. The gap between imported goods and exported goods rose to $68.2bn from $67bn in December, the US Department of Commerce reported Friday. Exports rose 1…