Source: United States & Canada – South China Morning PostThe US trade deficit sharply widened in November as imports picked up, according to government data released Thursday, reversing an unexpectedly big pullback in the prior month lauded by US President Donald Trump.
The trade gap surged by 94.6 per cent in November to US$56.8 billion, Commerce Department data showed, bringing it close to levels seen in June and August last year.
The shift reflected fluctuations in goods like gold and pharmaceuticals, in a year already marked by major swings in…Read More