Steady Rise In Monthly Trade Deficit for Two Years Reaches a New Record In March
- Brian Turner
- U.S.A. New York City
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U.S. trade deficit in March soared to a record high $110 billion after hovering between $40 billion and $50 billion for decades before the Covid-19 pandemic. Steady rise in goods deficit and the fall in services surplus has led to consistent record monthly deficits for two years in a row.
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