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Imports and Exports Record Highest Increase  since the start of the War in Ukraine

Imports and Exports Record Highest Increase since the start of the War in Ukraine

by Francisco Uranga | Mar 8, 2023 | Trade

NEW YORK— United States imports and exports soared in January, reflecting that both foreign and domestic demand is strong despite rising interest rates. The trade deficit increased 1.6% over December and reached $68.3 billion, according to data released Wednesday by...
U.S. Trade Deficit Reaches Record High in 2022 Driven by War and Inflation

U.S. Trade Deficit Reaches Record High in 2022 Driven by War and Inflation

by Francisco Uranga | Feb 14, 2023 | Featured, Trade

NEW YORK— The U.S. trade deficit soared in 2022 and reached a historical record of nearly $1 trillion grew because of high oil prices, inflation, and the relative strength of the U.S. economy compared to the rest of the world. Annual net exports of goods and services...

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