U.S. Trade Deficit Hits Highest Level in History at $891.3B | Fortune

U.S. Trade Deficit Hits Highest Level in History at $891.3B | Fortune

President Trump’s America First policies are not having their intended effect.

The Commerce Department reported Wednesday the U.S. posted a more than $891 billion merchandise trade deficit last year—the largest in the history of the country.

Significantly, the trade deficit with China hit a record $419 billion, despite a series of tariffs the administration imposed on Chinese goods to decrease reliance on imports.

via U.S. Trade Deficit Hits Highest Level in History at $891.3B | Fortune

Remember when Trump promised to get rid of the deficit and debt?

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