U.S. trade decreases 5.41 percent through July
U.S. trade with the world rose to $2.07 trillion through the first seven months of 2016, according to a WorldCity analysis of the latest U.S. Census Bureau data.
That’s a 5.41 percent decrease since the same time period last year. The nation’s exports dropped 6.48 percent to $827.5 billion and imports dropped 4.67 percent to $1.24 trillion. The overall trade deficit was $414.15 billion down compared to the same period last year, when the deficit was $417.64 billion. Read more.