U.S. Trade Gap Rises for Third Straight Month

U.S. Trade Gap Rises for Third Straight Month

Despite President Trump’s import taxes, the US trade gap rises for third straight month to a little over $53 billion in August.

UNL Economist Eric Thompson tells KLIN News that it is very difficult for political leaders to make much of a dent in the trade deficit.

Thompson says the deficit is really related to the economies and savings of different countries around the world.

The U.S.Commerce department shows imports rising to a record level…while exports slid.