Disclaimer

The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

U.S. trade deficit hits $50.5 billion, biggest since 2012

The U.S. trade deficit rose to $50.5 billion in November, the largest imbalance in nearly six years, as imports and exports both hit records.

The November deficit was 3.2 percent higher than October’s $48.9 billion imbalance, the Commerce Department reported Friday. U.S. exports of goods and services were up 2.3 percent to an all-time high […]

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