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Wednesday, 05/04/2022 8:59:30 AM

Wednesday, May 04, 2022 8:59:30 AM

Post# of 37913
WOW!! $109,8B March trade deficit -
https://www.zerohedge.com/economics/us-trade-deficit-explodes-record-high-march

My Comment: $Trillion plus annual trade deficits and the US$ keeps strengthening. Add $31Trillion national debt and a $9Trillion Fed balance sheet. Where does it all end ?

Excerpt:
The US trade balance with the rest of the world collapsed to its largest deficit ever in March.

Imports rose 10.3% in March to $351.52b from $318.62b in Feb.

Exports rose 5.6% in March to $241.72b from $228.82b in Feb.

The gap in goods and services trade grew 22.3% to $109.8 billion, Commerce Department data showed Wednesday (this was even worse than the median estimate in a Bloomberg survey of economists which called for a $107.1 billion deficit).

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