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

FOXBusiness - 12-06


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.