13th Straight Rise In America’s Deficit Overshadows China, NAFTA Negotiations — Panjiva
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13th Straight Rise In America’s Deficit Overshadows China, NAFTA Negotiations

Canada 529 China 3048 European Union 878 Mexico 928 Trade Balance 935 Trade Deals 1017 U.S. 5399

The U.S. trade deficit (including goods and services) climbed 10% in March vs. a year earlier, the 13th straight increase. That was largely due to an increase in capital goods imports. Additionally the services’ surplus fell for a fourth straight month after the growth in financial services imports of 13% exceeded exports’ 4%. The data will do little to improve the Trump administration’s view of trade relations, driven as it is by the U.S. trade-in-goods deficit. A 5% rise in the deficit vs. China overshadows this week’s trade summit. The deficit with Mexico climbed 15%, though with Cana...

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