U.S. trade decreases 2.76 percent through December

U.S. trade with the world rose to $3.64 trillion in 2016, according to a WorldCity analysis of the latest U.S. Census Bureau data.

That’s a 2.76 percent decrease since the previous year. The nation’s exports dropped 3.38 percent to $1.45 trillion and imports dropped 2.34 percent to $2.19 trillion. The overall trade deficit was $735.46 billion down compared to the same period last year, when the deficit was $737.07 billion. Read more

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