American-made is hard to find today
Thursday, November 10, 2005
America's trade deficit - the difference between those goods we import versus those goods we export- hit a record level in September partially because of expanded oil important following the Gulf Coast hurricanes. But the big shocker in the report was the continued deficit with China which could well top $200 billion this year. That means America sends $200 billion more into the Chinese economy than they spend on our products.