Trump, tariff and US deficit
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Al Jazeera on MSNFact check: Did US go from ice cream trade surplus to deficit under Biden?Trump administration says increased imports from Italy under former President Joe Biden changed the ice cream game.
The office of the U.S. Trade Representative purported a summertime scoop: "America had a trade surplus in ice cream in 2020 under President Trump's leadership, but that surplus turned into a trade deficit of $40.6 million under President Biden's watch."
The U.S. trade deficit widened sharply in May as exports fell, ... A line chart titled "US trade balance" that tracks the metric over time. Exports fell 4.0% to $279.0 billion.
The dollar index (DXY00) on Tuesday fell by -0.13%. The dollar on Tuesday added to Monday's losses and posted a 3-1/3 year low. The dollar remains under pressure due to uncertainties over US trade ...