HMMMM- U.S. trade gap soars as imports from China hit record high

[DemocratSinceBirth]

The U.S. trade deficit jumped 8.6 percent in October as imports from China and other suppliers hit a record high ahead of the holiday shopping season, a Commerce Department report released Tuesday showed.

The monthly trade gap totaled $48.7 billion, the highest level for a full month since President Donald Trump took office on Jan. 20.


Ahead of the election, a Trump campaign adviser asserted they could eliminate the deficit in one or two years. Instead, the 2017 deficit is on track to exceed the 2016 level of $505 billion.

Imports of goods and services hit a record high of $244.6 billion as the U.S. economy continued to strengthen and suck in more goods from abroad. Imports totaled $48.2 billion from China, $39.4 billion from the EU and $28.7 billion from Mexico — all record highs.

https://www.politico.com/story/2017/12/05/us-trade-deficit-china-280949

[sinkingfeeling]

1. But the f**king moron said he'd stop China taking advantage of the USA.

[triron]

2. Wonder what effect (if any) this will have on stock market?

Are Trump voters smart enough to care?

[Doodley]

3. More winning from Trump!

[Wwcd]

4. Remember when Ivanka made a special trip to China and secured all

..those Trump patents?
Just good timing, I guess.