The Commerce Department reported the US trade deficit rose to more than US$10.3 billion in May. Imports for the month totaled $87.5 billion, exports were $77.2 billion. For only the third time on record, the deficit with China was higher than that with Japan.
Trade Deficit Up
The Commerce Department reported the US trade deficit rose to more than US$10.3 billion in May. Imports for the month totaled $87.5 billion, exports were $77.2 billion. For only the third time on record, the deficit with China was higher than that with Japan.
