US trade deficit up to $80.2 billion in November

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The United States’ international trade deficit came in at $80.2 billion in November, up by 19.4% in comparison to the previous month’s revised figure and above market predictions, the Census Bureau and the Bureau of Economic Analysis revealed in their report published on Thursday.

The exports rose by only 0.2% in contrast with October, reaching $224.2 billion. On the other hand, the imports increased by 4.6% month-on-month to $304.4 billion. The deficit in goods went up by $15.1 billion to $99.0 billion, and the one in services by $2.1 billion to $18.8 billion.

The main deficit, of $28.4 billion, was observed in trade with China. Meanwhile, the biggest surplus, valued at $4.5 billion, was observed in commerce with South and Central America.

Baha Breaking the News (BBN) / JR