Aerial view of containers and cargo ships at the Port of Los Angeles on Jan. 19, 2022, in San Pedro, Calif. Photo: Qian Weizhong/VCG via Getty Images
The U.S. trade deficit reached record levels in 2021, rising 27% to a total of $859.1 billion, according toThe trade deficit rose 1.8% to $80.7 billion in December as imports surged, according to the data.
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