Macroeconomics

US Trade Deficit Widens in November

January 07, 2025, 09.21 PM | Source: Reuters
US Trade Deficit Widens in November

ILUSTRASI. The CMA CGM Marco Polo, an Explorer class container ship, passes under the Verrazzano-Narrows Bridge to enter New York Harbor, as seen from Brooklyn, New York, U.S., May 20, 2021. REUTERS/Brendan McDermid

USA ECONOMY - WASHINGTON. The U.S. trade deficit widened in November, likely as businesses worried about President-elect Donald Trump's threats to raise tariffs on foreign goods front-loaded imports, more than offseting a surge in exports to a record high.

The trade gap increased 6.2% to $78.2 billion from a revised $73.6 billion in October, the Commerce Department's Bureau of Economic Analysis said on Tuesday.

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