Tough last scorecard for Trump as deficit peaks, exports wane — Panjiva
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Tough last scorecard for Trump as deficit peaks, exports wane

Canada 504 China 2999 Elections 124 European Union 844 Info Tech - Tech Hardware 824 Mexico 896 Tariffs 1818 Trade Balance 933 Trade Deals 1002 U.S. 5347 USMCA 456

The last U.S. trade data to be published before the general elections in November shows that international trade activity dropped for a 12th straight month in August with a 12.9% year over year slide. The trade deficit is a key metric previously cited by President Trump as a sign of whether trade policy is proving successful (a lower deficit) or not (a higher deficit). In August it reached $67.1 billion, the highest since at least 2008. Exports of both services and goods have been weak. Exports to the EU and Mexico / Canada declined by 16.0% and 15.8% respectively in August, suggesting t...

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