Good for America?! NAFTA, FTA, GATT, WTO
Fri Apr 15, 2005 14:14
"At its current pace, the deficit will top $717-billion this year, up a
remarkable $100-billion from last year's record."
U.S. trade deficit swells again, on pace to hit $717-billion
By BARRIE MCKENNA
Wednesday, April 13, 2005 Page B1
WASHINGTON -- Another record monthly U.S. trade deficit is likely to slow the
world's largest economy and heighten tensions with key trading partners,
The U.S. trade gap surprised many analysts by growing another $2.5-billion
(U.S.) to $61-billion, or 4.3 per cent between January and February, the U.S.
Commerce Department reported yesterday.
Imports also hit a new high of $161.5-billion, up 1.6 per cent, paced by
rising purchases of crude oil, cars, pharmaceuticals and various consumer and
Exports were flat because of the U.S. dollar's recent climb and slow growth in
key markets, such as Japan and Europe. [more]
Main Page -
Message Board by American
Patriot Friends Network [APFN]