The Armageddon of the U.S. Trade Deficit
frightknight
Published
04/17/2013
Since 1975, the U.S. has imported more goods than it has exported. In the past 10 alone, the U.S. had a average deficit of $600 billion in global trade. A large portion of this is oil imports, but consumer goods are another area where the U.S. imports virtually everything.
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