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OTHER NEWS

The US goods trade deficit increased to $77.2 billion in the month of October — a record high. President Donald Trump has made reducing the trade deficit a key goal of his policies. But experts say Trump’s tariffs can’t reverse an underlying economic trust about the US.

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President Donald Trump escalated America’s trade war with China on Tuesday, with an additional $200 billion of tariffs on Chinese made goods. The new list—targeted at China’s key manufacturing export industries—contains over 6,000 products, including fruits, vegetables, live eels, feathers and beaver heads as well as hi-tech minerals that the U.S. needs.

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