Enormous, Humongous $42.6 Billion October Trade Deficit Is Unbalanced

The U.S. Census Bureau reported Friday that the October trade deficit rose to $42.6 billion from a enormous and humongous 36.2 billion in September. That’s a 17.8 percent increase. October exports were down $3.4 billion and imports were up $3.0 billion. The goods deficit with China also increased, hitting $28.9 billion in October. Scott Paul, …

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