U.S. Trade Deficit Soars To Near-Record $80.2 Billion
The U.S. trade deficit grew by 28.6% to $80.2 billion between January and November, compared to the same period last year – close to the previous record in September. Exports tailed off and gave way to more imports. Q3 2021 hedge fund letters, conferences and more U.S. Trade DeficitAs reported by Fox Business, the trade deficit in November grew 19.3% from $67.2 billion the previous month, according to the Commerce Department. The deficit for the month was short of the all-time record of $81.4 billion in September. “November imports, goods Americans bought from other countries, jumped 4.% to $3...