Trade gap in US highest in 14 years

Agency: The trade deficit of the United States of America has reached the highest level in 14 years. According to the data from the Census Bureau in August, the trade deficit is 67.1 billion dollars. The trade deficit in February was 37 billion dollars.

With the increasing Covid-19 cases around the world, the US economy has drastically fallen. The foreign trade has a worse situation now.

The US had gone through highest trade gap in August 2006. The gap is getting bigger since lockdown every month.