U.S. trade deficit widens for 4th straight month, despite tariffs

[caddo kid]

U.S. trade deficit widens for 4th straight month, despite tariffs

Oct. 25 (UPI) -- The U.S. trade deficit increased by another $1 billion last month, despite efforts by the Trump administration to narrow the gap using tariffs, U.S. officials said Thursday.

Exports increased 1.8 percent to $140.9 billion from August to September and imports jumped 1.5 percent to $217 billion, the Census Bureau said. That puts the trade deficit at $76 billion.

U.S. vehicle exports to China fell nearly $600 million from the previous August.

The overall trade deficit with China, specifically, has increased.

Beijing's counter tariffs affect states where automobiles are manufactured, soybeans are grown and oil is extracted. That means key states where Trump won in the 2016 election, like South Carolina, Iowa and Texas, are disproportionately affected.

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SUCK on that, TRUMPIANS

 

[BlackFlag]

Trump raised the already massive subsidies for inbred country when he gave $12 billion to farmers for no reason and increased the amount of ethanol that can go into gasoline. This is what happens when you have a “leader” that values political stunts above all else.

 

[caddo kid]

Trump raised the already massive subsidies for inbred country when he gave $12 billion to farmers for no reason and increased the amount of ethanol that can go into gasoline. This is what happens when you have a “leader” that values political stunts above all else.

Yes; Trump is now allowing the ethanol content to go from 10% to 15%.
This 5% increase will screw up older engines & newer engines with 'pre-existing conditions.'
This will effect drivers that can ill afford very costly auto repair bills, or the other option of purchasing a new vehicle.
JUST ANOTHER way Trump will be fvcking the very voters that put him in office.