Shocking Statistic Suggests Donald Trump Might Actually be Winning the US-China Trade War

Shocking Statistic Suggests Donald Trump Might Actually be Winning the US-China Trade War

News

As storm clouds continue to gather over Donald Trump’s presidency, new data released by the U.S. government on Wednesday provided a rare moment of respite, with news that the country’s trade deficit has narrowed with imports falling faster than exports. Figures released by the Department of Commerce show that the difference between exports and imports dropped by 11.5 percent to $49.3 billion from $55.7 billion in October. This fall is primarily due to a fall in imports of consumer goods. While a drop of this magnitude would normally be a cause for concern as it signifies a drop in domestic

The post Shocking Statistic Suggests Donald Trump Might Actually be Winning the US-China Trade War appeared first on CCN