America's trade gap soared under Trump, final figures show
America’s trade gap soared under Trump, final figures show POLITICO 2/5/2021 By Doug Palmer © Delcia Lopez/The Monitor via AP Former President Donald Trump’s tariffs also imposed higher costs on businesses and consumers. The U.S. trade deficit over the four years of President Donald Trump’s presidency soared to its highest level since 2008, despite his tough tariff tactics intended to bring it down, a new Commerce Department report showed on Friday. Popular Searches The combined U.S. goods and services trade deficit increased to $679 billion in 2020, compared to $48...