US trade deficit climbs to 10-year high amid Trump’s tariffs

FOXBusiness - 12-06

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Citi Private Bank Global Head of Investments David Bailin on the market impact from U.S. trade tensions with China. The U.S. trade deficit skyrocketed to a 10-year-high in October, despite millions of dollars in tariffs levied by the White House and a campaign promise from President Trump to level America’s longstanding trade deficit with the rest of the world.