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NewsMaxFinance–AP/2-5-2021
“The U.S. trade deficit rose 17.7% last year to $679 billion, highest since 2008, as the coronavirus disrupted global commerce and hampered President Donald Trump’s attempts to rebalance America’s trade with the rest of the world.”
USAGOLD note: An unexpected set-back that could in time find its way to the gold and dollar markets ……It happened, we should remember, at a time when oil (a major influence on the imbalance in the past) was trading at low prices.
Sources: St. Louis Federal Reserve, U.S. Census Bureau, U.S. Bureau of Economic Analysis
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