The U.S. trade deficit soared to a record high in March, as importers raced to bring in foreign goods before new tariffs kicked in.
U.S. imports in March rose 4.4% to $419 billion, the Commerce Department said Tuesday.
Exports ticked up fractionally to $278.5 billion.
That yielded a deficit of $140.5 billion—a 14% increase from a month earlier, and a bigger jump from February than analysts had been forecasting.
Leveling out the deficit is a key aim of President Trump's trade policies. As companies anticipated new tariffs earlier this year, though, that had the opposite effect, spurring businesses to bring goods into the country as quickly as they could.
Data covering April, which is due in early June, will give a clearer picture of how trade evolved after Trump's April 2 "Liberation Day" tariff blitz.
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SOURCE WSJ TODAY.
JUNE IS JUST AROUND THE CORNER....TRUST TRUMP'S TARIFF TALE?????
In other economic news, petrol continues to plummet. Lowest prices in four years and OPEC agrees to higher production quotas. They might be trying to make oil too cheap to extract from both the US and Canada.
Time to fill up the Strategic Reserve?
Thomas Sowell: There are no solutions, just trade-offs.
I don't know about everyone else but not only tired of waiting watching i'm done waiting and watching. So keep screaming the sky is falling. you out chicken chicken little.
Blazer Bob wrote: I don't know about everyone else but not only tired of waiting watching i'm done waiting and watching. So keep screaming the sky is falling. you out chicken chicken little.
OH YEE OF LITTLE PATIENCE.......2 YEARS BEFORE 9/11 (IT IS NOW BEING REPORTED) THERE HAS COME TO LIGHT A VIDEO (i HAVE SEEN THE VIDEO)....IT IS A CHILLING CAMERA SHOTS OF THE CAPITAL ...ALL OF THE SURROUNDING AREA AND WAS SHOT BY ONE OF THE ATTACKERS OR PLANNERS.....IT IS A SURVEILLANCE TAPE AND AN OBVIOUS DOCUMENTARY OF VISUAL
AVENUES OF ATTACK....NO ONE PUT THIS TAPE INTO THE MACRO WINDOW OF CONNECTING THE DOTS......IT WAS STASHED AWAY AND FORGOTTEN ABOUT...AND TILL THIS WEEK OR SO.....
DO THE RESEARCH...IT IS BEYOND ONE'S IMAGINATION THAT THIS DID NOT RAISE THE HAIR
ON EVERYONE;S HEAD WHO WORKED IN INTELLIGENCE,MILITARY, THE POTUS BUSH. OR ANY INTELLIGENT PERSON WITH KEEN OBSERVATION SKILLS.......WAIT AND WATCH...BECAUSE IF THIS CAN HAPPEN DECADES AGO AND IS JUST NOW COME TO LIGHT...WTH DO U THINK WILL BE THE FUTURE EVENTS TO BE FORTH COMING FROM THE CHAOS THAT TRUMP HAS CREATED. IT IS A MIND FUCK THAT U BELIEVE 'CHICKEN LITTLE' TO BE A JOKE.....I AM BEYOND ASTONISHED THAT INTELLIGENT(?) POSTERS R OBLIVIOUS TO THE OBVIOUS FACTORS.
Oil prices are at four year lows and OPEC is increasing production quotas. Colorado home inventories are at 14 year highs. Home assessments are declining. Rents are declining.
Democrats? They want to invite in more unvetted gang members.
Thomas Sowell: There are no solutions, just trade-offs.
Home assessments are declining. Rents are declining.
PERHAPS WHERE U LIVE.....NOT HERE IN MONTROSE, OUR ACCESSMENT WENT UP BY 6 OR 7 PERCENT, OUR VACANT PARCEL WENT WAY HIGH. RENTS R 2,000 PLUS A MONTH FOR 2 BEDROOM DOMICILE . YES ,INVENTORY IS INCREASING, BUT INTERESTS RATES R PROHIBITIVE FOR MOST, SELLERS R REDUCING PRICES AND PROVIDING INCENTIVES TO GET SOLD.
Blazer Bob wrote: I don't know about everyone else but not only tired of waiting watching i'm done waiting and watching. So keep screaming the sky is falling. you out chicken chicken little.
OH YEE OF LITTLE PATIENCE.......2 YEARS BEFORE 9/11 (IT IS NOW BEING REPORTED) THERE HAS COME TO LIGHT A VIDEO (i HAVE SEEN THE VIDEO)....IT IS A CHILLING CAMERA SHOTS OF THE CAPITAL ...ALL OF THE SURROUNDING AREA AND WAS SHOT BY ONE OF THE ATTACKERS OR PLANNERS.....IT IS A SURVEILLANCE TAPE AND AN OBVIOUS DOCUMENTARY OF VISUAL
AVENUES OF ATTACK....NO ONE PUT THIS TAPE INTO THE MACRO WINDOW OF CONNECTING THE DOTS......IT WAS STASHED AWAY AND FORGOTTEN ABOUT...AND TILL THIS WEEK OR SO.....
DO THE RESEARCH...IT IS BEYOND ONE'S IMAGINATION THAT THIS DID NOT RAISE THE HAIR
ON EVERYONE;S HEAD WHO WORKED IN INTELLIGENCE,MILITARY, THE POTUS BUSH. OR ANY INTELLIGENT PERSON WITH KEEN OBSERVATION SKILLS.......WAIT AND WATCH...BECAUSE IF THIS CAN HAPPEN DECADES AGO AND IS JUST NOW COME TO LIGHT...WTH DO U THINK WILL BE THE FUTURE EVENTS TO BE FORTH COMING FROM THE CHAOS THAT TRUMP HAS CREATED. IT IS A MIND FUCK THAT U BELIEVE 'CHICKEN LITTLE' TO BE A JOKE.....I AM BEYOND ASTONISHED THAT INTELLIGENT(?) POSTERS R OBLIVIOUS TO THE OBVIOUS FACTORS.
Well, there you go Bob… a perfect response. We must all wait and watch because 9/11 happened. Makes perfect sense LOL.
So, did HA know 9/11 was coming before it happened? She probably knew something bad was going to happen because the stars told her.
I’ll never doubt your predictions again,HA… it all makes sense now.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
I don’t try to keep up with people who are obsessed to the point of delusion. Im just watching all the bad predictions pile up for later use and amusement.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
It would be awesome if those publications who have Trump Derangement Syndrome went back and examined how accurate their predictions were over the past ten years.
1) Trump has no chance of beating Hillary Clinton.
2) Trump will start multiple wars.
3) He will be impeached and jailed.
4) He will be removed from office.
5) He will never be reelected.
The only thing they got right was multiple impeachments. Would you continue to watch a Weather Guy who was only right 10% of the time?
Only if it goes along with your confirmation bias?
Face it, these Atlantic writers are inexperienced clowns. Blowhards who don't actually understand how to make proper predictions.
Thomas Sowell: There are no solutions, just trade-offs.