Trade Deficit

According to the news article, the trade deficit is widening. It's gone up 0.5% as compared to the previous month of August. United States consumers are buying more goods from abroad than the United States as a country is exporting out of the country. 

The trade deficit widened to $72.8 billion dollars which were less than the $74 billion predicted by economists. Although exports have increased at a faster rate, imports have also increased too. The exports have been driven by the sale of véhicules and industrial goods whiles imports are being driven by consumer goods. 

The trade deficit is even hurting more because of restrictions and tariffs on

Chinese imports. Peaceful trade talks seem on the way and it will benefit both economies largely.