US Trade Representative Robert Lighthizer said the increased deficit was a result of the coronavirus pandemic. Photo: AFP US Trade Representative Robert Lighthizer said the increased deficit was a result of the coronavirus pandemic. Photo: AFP
US Trade Representative Robert Lighthizer said the increased deficit was a result of the coronavirus pandemic. Photo: AFP

US trade deficit in goods reaches record high in August

  • US deficit for goods traded with China on a non-seasonally adjusted basis shrinks in August, but still higher than any other month this year except July
  • The US overall trade deficit – including both goods and services – reached US$67.1 billion in August

Topic |   Coronavirus pandemic
US Trade Representative Robert Lighthizer said the increased deficit was a result of the coronavirus pandemic. Photo: AFP US Trade Representative Robert Lighthizer said the increased deficit was a result of the coronavirus pandemic. Photo: AFP
US Trade Representative Robert Lighthizer said the increased deficit was a result of the coronavirus pandemic. Photo: AFP
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