70 Month Deficit Record Raises Questions for Trump: If Not Now Then When? If Not China Then Who? — Panjiva
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70 Month Deficit Record Raises Questions for Trump: If Not Now Then When? If Not China Then Who?

Canada 323 China 1683 Mexico 477 Tariffs 1095 Trade Balance 621 Trade Deals 672 U.S. 3131 USMCA 354

Time is not proving to be a friend for President Trump’s trade agenda. The U.S. goods-and-services deficit climbed 9% in November to reach the highest since January 2012. That was mostly the result of a rising goods deficit, though the services surplus fell too due to weaker exports of travel services. The rising deficit should increase pressure on the administration to act on policy sooner rather than later. China should be the main target. It accounted for 49% of the deficit total deficit after rising 16% on a year earlier. The increase at $4.8 billion was bigger than all other countri...

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