Tag: imports

  • US Trade Deficit vs. GDP Lost in World Economy Due to COVID-19

    Introduction The US trade deficit has been on a steady increase over the past century, with the exception of a few periods of decline. In 2022, the US trade deficit reached a record high of $948.1 billion. This was an increase of 12.2% from 2021. The trade deficit is the difference between the value of…

en_USEnglish