the trade deficit widens by 10.5% in December and reaches 67.4 billion dollars

With the fall in exports added to the rise in imports, the trade deficit of the world’s leading economic power is worsening further.

By Le Figaro with AFP

Posted on 07/02/2023 at 17:23

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Jerome Powell, Chairman of the Board of Governors of the United States Federal Reserve since 2018. JONATHAN ERNST / REUTERS

The US trade deficit widened in December as exports fell and imports rose from the previous month.

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The goods and services deficit with the rest of the world reached $67.4 billion, up 10.5% from November, according to data released Tuesday by the Commerce Department.

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