Washington-Sana
The US trade deficit in goods increased in December as imports continued to increase.
Reuters quoted the US Department of Commerce as saying in a report today: The deficit in trade in goods rose three percent to 101 billion dollars last month, indicating a negative impact of trade on the economic growth of the United States in the fourth quarter of last year.
The report was published ahead of the release of US GDP data for the fourth quarter, which will be released tomorrow.
It is noteworthy that the negative impact of trade on US GDP growth continued for five consecutive quarters.
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