Posted by
tradinvest on
Feb 11th, 2011 |
no comments
US trade deficit was on the up during 2010 by the highest margin ever recorded in a decade by the Commerce Department.
A 32.8% increase on the 2009 figures, the difference between imports and exports hit $497.8 billion, the highest deficit since the year 2000.
Import was affected by the increase in purchases from China, which reached $364.9 billion for the year 2010.