Trade Deficit Widens To $54.9 Billion In August

There are reports Donald Trump made a 'promise' to a foreign leader that concerned a U.S. intelligence official

The U.S. trade deficit widened in August for the first time in three months.

From The Hill:

The U.S. trade deficit grew to $54.9 billion in August, a 1.6 percent increase from July, and a spike over last year.

When compared to the same period last year, the overall trade deficit was up $28.3 billion, or 7.1 percent, as exports dropped slightly and imports spiked.

Analysts point to President Trump’s trade war as a factor in the increased deficit, though the strong dollar and the growing budget deficit are major factors as well.

Donald Trump, somehow, found a strange, circuitous route to blame Hunter Biden for the trade deficit with China: