Usa China Washington Usa China Washington

U.S. Trade Deficit Hit Record in 2021 as Americans Spent on Computers, Games

Reading now: 356

WASHINGTON—The U.S. trade deficit increased 27% last year to an all-time high of $859.1 billion, underscoring the strength of the American economy, as well as its continued hefty dependence on imports from China and other nations.The 2021 trade deficit in goods and services well exceeded the previous record of $763.53 billion in 2006, the Commerce Department said Tuesday.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News