US trade deficit hits $902 billion in December, above forecasts and one of the largest on record

US trade deficit data came in heavy for December. The Commerce Department said the monthly gap hit $70. 3 billion. That was $17. 3 billion higher than November. Economists surveyed by Dow Jones expected $55. 5 billion. The number beat that by a wide margin. For the full year, the trade deficit reached $901. 5 billion. That was down […] source: https://www.cryptopolitan.com/us-trade-deficit-hits-902-billion-december/