"/>

国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Robust domestic demand drives U.S. trade deficit to new high in 2017

Source: Xinhua    2018-02-06 23:38:13

WASHINGTON, Feb. 6 (Xinhua) -- U.S. trade deficit in 2017 soared to a new high since 2008 as robust domestic demands drove imports higher.

Trade deficit in goods and services surged 12.1 percent from 2016 to 566 billion U.S. dollars in 2017, the highest level in nine years, the Commerce Department said on Tuesday.

In 2017, U.S. exports rose 5.5 percent to 2,329.3 billion dollars, while imports rose 6.7 percent to 2,895.3 billion dollars.

Trade deficits have weighed on the U.S. economic growth. Data from the Commerce Department showed that net exports subtracted 1.13 percentage points from the GDP growth in the fourth quarter of last year, the largest quarterly drag in 2017.

Goods deficit with China also rose 8 percent to 375.2 billion dollars last year, and deficit with Mexico increased 10.4 percent to 71.1 billion dollars.

Economists noted that the widening trade deficits reflected that Americans consume more than they produce relative to the rest of world.

The Trump administration is aiming to reduce the trade deficits. However, economists point out that trade deficits would become larger when fiscal stimuluses, such as tax cuts, were introduced to an economy which has already been running at a solid pace.

Editor: Mu Xuequan
Related News
Xinhuanet

Robust domestic demand drives U.S. trade deficit to new high in 2017

Source: Xinhua 2018-02-06 23:38:13

WASHINGTON, Feb. 6 (Xinhua) -- U.S. trade deficit in 2017 soared to a new high since 2008 as robust domestic demands drove imports higher.

Trade deficit in goods and services surged 12.1 percent from 2016 to 566 billion U.S. dollars in 2017, the highest level in nine years, the Commerce Department said on Tuesday.

In 2017, U.S. exports rose 5.5 percent to 2,329.3 billion dollars, while imports rose 6.7 percent to 2,895.3 billion dollars.

Trade deficits have weighed on the U.S. economic growth. Data from the Commerce Department showed that net exports subtracted 1.13 percentage points from the GDP growth in the fourth quarter of last year, the largest quarterly drag in 2017.

Goods deficit with China also rose 8 percent to 375.2 billion dollars last year, and deficit with Mexico increased 10.4 percent to 71.1 billion dollars.

Economists noted that the widening trade deficits reflected that Americans consume more than they produce relative to the rest of world.

The Trump administration is aiming to reduce the trade deficits. However, economists point out that trade deficits would become larger when fiscal stimuluses, such as tax cuts, were introduced to an economy which has already been running at a solid pace.

[Editor: huaxia]
010020070750000000000000011105091369539591
主站蜘蛛池模板: 莱州市| 兴安盟| 雷州市| 乌什县| 攀枝花市| 英吉沙县| 皮山县| 通渭县| 鄂托克旗| 荣昌县| 东乌珠穆沁旗| 泗洪县| 龙州县| 高要市| 贡嘎县| 固原市| 石渠县| 呼图壁县| 武义县| 彭泽县| 哈尔滨市| 儋州市| 会宁县| 增城市| 蓬莱市| 上林县| 苏州市| 赫章县| 三明市| 页游| 张北县| 台中县| 龙井市| 共和县| 宁波市| 泰安市| 新密市| 吴桥县| 塔河县| 海门市| 香格里拉县|