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US Trade Deficit Reached 10-Year High In October

Newsy Donald TrumpDonald Trump
Friday, 7 December 2018 ()

US Trade Deficit Reached 10-Year High In OctoberWatch VideoThe U.S. trade deficit hit $55.5 billion in October, the highest it's been since 2008.

The Commerce Department said Thursday the U.S.' trade gap grew by nearly $1 billion between September and October. Economists point to a few factors behind a surge in U.S. imports and a decline in exports.

For one, some...
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News video: US Trade Deficit Reached 10-Year High in October

▶ US Trade Deficit Reached 10-Year High in October 01:16

​The Commerce Department said the U.S.' trade gap grew by nearly $1 billion between September and October.

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​The Commerce Department said the U.S.' trade gap grew by nearly $1 billion between September and October.

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