U.S. Goods-Trade Gap Unexpectedly Widened in December

The U.S.’s merchandise-trade deficit unexpectedly grew to $71.6 billion in December from a revised $70 billion the prior month, marking the widest gap since July 2008, preliminary figures from the Commerce Department showed Friday. The median estimate of economists in a Bloomberg survey forecast a deficit of $68.9 billion. America’s shortfall with the world has been a sticking point with President Donald Trump, who has sought to reduce it with policies that some have called protectionist.

Before it's here, it's on the Bloomberg Terminal.LEARN MOREHave a confidential news tip?
Get in touch with our reporters.Most Read

Coincheck Says It Lost Crypto Coins Valued at About $400 Million

Lachlan Murdoch Is Going to Do Things His Way at the New Fox

Biggest Stock Sell Signal Since 2013 Sparked by Record Inflows

The Dark Side of America’s Rise to Oil Superpower

The U.S. Is About to Get Real Cold Again. Blame It on Global Warming

Terms of Service Trademarks Privacy Policy (C)2018 Bloomberg L.P. All Rights Reserved Careers Made in NYC Advertise Ad Choices Website Feedback Help

Global trade tensions ease and inflation continues to decline

Gold stocks down as metal slumps and equities rise

Big Gold has another strong quarter, but some signs growth cooling

Gold stocks nearly regain highs on rising metal price

Gold stocks down as risk on move continues