The U.S. trade deficit unexpectedly jumped to $46.3 billion in August, as the nation’s deficit with China surged to a record $28 billion. Oil prices were the other key culprit as the petroleum deficit surged 5.7%.
Continue reading Trade Deficit Got Worse in August Thanks to Chinese Imports, Oil
Trade Deficit Got Worse in August Thanks to Chinese Imports, Oil originally appeared on DailyFinance on Thu, 14 Oct 2010 11:05:00.
Filed Under: Economy