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Trade deficit rises to more than $70 billion in May
The Hill ^ | 07/02/2021 | Lexi Lonas

Posted on 07/02/2021 8:18:57 AM PDT by ChicagoConservative27

The trade deficit rose to more than $70 billion in May amid a surge in imported goods and materials.

The U.S. trade deficit hit $71.2 billion, rising 3.1 percent from $69.1 billion in April, The Commerce Department said on Friday, according to the Associated Press.

Exports went up 0.6 percent to $206 billion while imports rose 1.3 percent to $277.3 billion.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: deficit; may; rises; trade
MSM will say unexpected.
1 posted on 07/02/2021 8:18:57 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

Build back better.


2 posted on 07/02/2021 8:19:32 AM PDT by Nathan _in_Arkansas (Shut the deuce up!!! I'll do the fighting!!!)
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To: Nathan _in_Arkansas

Make China Great Again


3 posted on 07/02/2021 8:25:02 AM PDT by farmguy
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To: ChicagoConservative27

Dont worry, the world absolutely loves holding our green pieces of paper with the racist George Washington on them, and even better, they love holding government obligations and promises to pay in the future green pieces of paper with the racist George Washington on them.


4 posted on 07/02/2021 8:25:24 AM PDT by PGR88
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To: ChicagoConservative27

How about we fix this imbalance by sending our surplus of of government largess check collectors overseas.


5 posted on 07/02/2021 8:44:01 AM PDT by Mouton (The enemy of the people is the media.)
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To: ChicagoConservative27

Looks like Biden made another deal $$$$$$$$$$$$$$$$$$$.


6 posted on 07/02/2021 8:54:09 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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