The Wall Street Journal on MSN20d
The Countries Driving America’s $1.2 Trillion Trade Deficit in GoodsGrowing gaps with Mexico and Vietnam add to the biggest imbalance the U.S. faces—with China.
U.S. import prices unexpectedly rose in February amid higher costs for consumer goods, which does not bode well for the inflation outlook.
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Part of the president’s goal is to shrink that trillion-dollar gulf between imports and exports by getting other countries to buy more goods from the U.S. and by spurring domestic manufacturing.
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