Enormous, Humongous January Trade Deficit Hits Jobs, Wages
The U.S. Census Bureau reported Friday that the January goods and services trade deficit was an enormous, humongous $45.68 billion. The January goods deficit was $63.7 billion, offset by an $18 billion services surplus. Both imports and exports were down, but exports hit a 5 1/2-year low thanks to a “strong” dollar, currency manipulation and …
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