US trade deficit widens sharply on record high goods imports | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 86%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

WASHINGTON, Jan 6 — The US trade deficit widened sharply in November as goods imports surged to a record high, suggesting that trade likely remained a drag on economic growth in the fourth quarter. The Commerce Department said today that the trade gap jumped 19.4 per cent to US$80.2 billion...

WASHINGTON, Jan 6 — The US trade deficit widened sharply in November as goods imports surged to a record high, suggesting that trade likely remained a drag on economic growth in the fourth quarter.

Goods imports soared 5.1 per cent to an all-time high US$254.9 billion, likely as congestion at ports eased. Overall imports increased 4.6 per cent to US$304.4 billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Snow storm batters US east, piling onto holiday chaos | Malay MailWASHINGTON, Jan 6 — After a bruising holiday week of flight cancellations and record surges in Covid-19 cases, a powerful winter snow storm Monday further snarled US transport, shuttering the federal government and bringing Washington to a standstill. The storm packed an unexpectedly fierce punch...
Source: malaymail - 🏆 1. / 86 Read more »

Biden says Trump’s ‘web of lies’ poses ongoing threat to US democracy | Malay MailWASHINGTON, Jan 6 — President Joe Biden today accused his predecessor Donald Trump of posing a continuing threat to American democracy in a speech on the anniversary of the deadly US Capitol attack by Trump supporters who tried to overturn his 2020 election defeat. Speaking at the white-domed... Usa sheeple population exploded long time ago
Source: malaymail - 🏆 1. / 86 Read more »

Tokyo stocks open lower, extending US falls | Malay MailTOKYO, Jan 6 ― Tokyo stocks opened lower today after two days of rallies, with investors disheartened by falls on Wall Street. The benchmark Nikkei 225 index was down 0.65 per cent or 192.08 points at 29,140.08 in early trade, while the broader Topix index slipped 0.51 per cent or 10.44 points to...
Source: malaymail - 🏆 1. / 86 Read more »

Sloane Stephens marries US footballer Altidore | Malay MailNEW YORK, Jan 5 — Sloane Stephens has married soccer player Jozy Altidore, the Grand Slam tennis champion revealed on social media on Tuesday. Stephens, who announced their engagement in April 2019, posted a photo of the pair at the wedding walking hand in hand with a caption indicating the...
Source: malaymail - 🏆 1. / 86 Read more »

US reports nearly one million Covid-19 cases in a day, setting global record | Malay MailWASHINGTON, Jan 5 — The United States set a global record of almost 1 million new coronavirus infections reported on Monday, according to a Reuters tally, nearly double the country’s peak hit just a week ago as the highly contagious Omicron variant shows no sign of slowing. The number of...
Source: malaymail - 🏆 1. / 86 Read more »

New Covid records in US, UK, France as Omicron runs rampant | Malay MailPARIS, Jan 5 — The US, Britain, France and Australia have all announced record numbers of daily Covid-19 cases as the WHO warned yesterday that Omicron’s dizzying spread increased the risk of newer, more dangerous variants emerging. Britain breached 200,000 cases for the first time yesterday,...
Source: malaymail - 🏆 1. / 86 Read more »