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The US trade deficit is getting even wider:
The goods trade deficit jumped $14 billion month-over-month to a record $162 BILLION in March.
The shortfall exceeded expectations by a massive $17 billion.
Imports rose 5% to $343 billion, led by consumer goods imports that
时政
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twitter.com
)
由
The Kobeissi Letter
提交
The US trade deficit is getting even wider:
The goods trade deficit jumped $14 billion month-over-month to a record $162 BILLION in March.
The shortfall exceeded expectations by a massive $17 billion.
Imports rose 5% to $343 billion, led by consumer goods imports that skyrocketed 28%, to a record $103 billion.
This comes as companies continued to front-run tariffs.
Meanwhile, exports increased 1% to $181 billion.
Truly mind-blowing numbers.
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After spending time in Washington, DC discussing the budget deficit with senior people on both sides of the aisle, it’s clear to me that we are unlikely to change the debt trajectory we’re on and avoid the painful consequences.
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After spending time in Washington, DC discussing the budget deficit with senior people on both sides of the aisle, it’s clear to me that we are unlikely to change the debt trajectory we’re on and avoid the painful consequences.
While virtually everyone agrees on the need to
btc
(
twitter.com)
00:01:28
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