Robert E. Scott
Robert E. Scott is the Senior Economist and Director of Trade and Manufacturing Policy Research at Economic Policy Institute
Articles by this author
Thursday, March 07, 2019
Record U.S. Trade Deficit in 2018 Reflects Failure of Trump’s Trade Policies
The U.S. Census Bureau reported that the U.S. goods trade deficit reached a record of $891.3 billion in 2018, an increase of $83.8 billion (10.4 percent). The broader goods and services deficit reached $621.0 billion in 2018, an increase of $68.8 billion (12.5 percent). The rapid growth of U.S...