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Balance of trade -- United States

View Resource Gap in US Trade Deficit Grows

American's love of imported goods, such as cars and computers, and the strong US economy have added to the US trade deficit at a rate that has surprised the Feds. Rising to a record $25.18 billion, the deficit has softened the dollar against foreign currencies and driven down the Dow Jones industrial average by 2.08 percent (or 225.43 points). In July, 1999, the trade deficit with Canada rose by...
View Resource US International Transactions

The third quarter 1999 US International Transactions report shows that, because of "the deficit on goods and services," the current-account deficit has increased $9.0 billion since the second quarter.