By CD Media Staff | January 29, 2020
The monthly trade balance of the United States continued to show improvement in December, beating economist’s consensus estimates. The development comes at the beginning of the coronavirus crisis, which could be a significant turning point in US trade data with China.
President Trump has made the rationalization of American international trade a hallmark of his presidency, reversing decades of complicit complacency by Republican and Democratic administrations alike.
US Goods Trade Balance (Dec) printed at -$68.33B vs -$68.75B consensus estimate.
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