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