Marketwatch: Trade deficit soars to 10-year high in 2018, foiling Trump White House effort to rein it in
The nation’s trade deficit shot to a 10-year high in 2018 despite frenzied efforts by the Trump White House to reduce the gap, reflecting both the strength of the U.S. economy and the thorny nature of a problem that’s bedeviled presidents for decades.
Donald Trump’s tariffs may be partly to blame for this rise. Since he became president the deficit has widened by about $100 billion.
