{"id":8237,"date":"2019-03-06T14:14:06","date_gmt":"2019-03-06T14:14:06","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/trump-dealt-blow-as-us-trade-deficit-jumps\/"},"modified":"2019-03-06T14:14:06","modified_gmt":"2019-03-06T14:14:06","slug":"trump-dealt-blow-as-us-trade-deficit-jumps","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/trump-dealt-blow-as-us-trade-deficit-jumps\/","title":{"rendered":"Trump dealt blow as US trade deficit jumps"},"content":{"rendered":"\n<div property=\"articleBody\">\n<figure class=\"media-landscape no-caption full-width lead\"><span class=\"image-and-copyright-container\"><\/p>\n<p>                <img loading=\"lazy\" decoding=\"async\" class=\"js-image-replace\" alt=\"US President Donald Trump\" src=\"https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/1483\/production\/_105915250_trump.jpg\" width=\"976\" height=\"549\"\/><span class=\"off-screen\">Image copyright<\/span><br \/>\n                 <span class=\"story-image-copyright\">Getty Images<\/span><\/p>\n<p>            <\/span><\/p>\n<\/figure>\n<p class=\"story-body__introduction\">The US trade gap with the rest of the world jumped to a 10-year high of $621bn (\u00a3472.5bn) last year, dealing a blow to President Donald Trump&#8217;s deficit reduction plan.<\/p>\n<p>The trade deficit is the difference between how much goods and services the US imports from other countries and how much it exports.  <\/p>\n<p>Reducing the gap is a key plank of Mr Trump&#8217;s policies.<\/p>\n<p>But in 2018, the US exported fewer goods compared with how much it bought.<\/p>\n<ul class=\"story-body__unordered-list\">\n<li class=\"story-body__list-item\"><a href=\"https:\/\/www.bbc.co.uk\/news\/business-45899310\" class=\"story-body__link\">A quick guide to the US-China trade war<\/a><\/li>\n<li class=\"story-body__list-item\"><a href=\"https:\/\/www.bbc.co.uk\/news\/world-43512098\" class=\"story-body__link\">Trade wars, Trump tariffs and protectionism explained<\/a><\/li>\n<\/ul>\n<p>Mr Trump claims that the US is being &#8220;ripped off&#8221; by other nations and wants countries to lower their tariffs on US goods and buy more of them.<\/p>\n<p>However, official data shows that while exports of US goods and services rose by $148.9bn last year, imports jumped by $217.7bn. <\/p>\n<p>It means that the gap is the widest since 2008, when the financial crisis hit and the US fell into recession. <\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-47472282\">Source<\/a> by <a href=\"\">[author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image copyright Getty Images The US trade gap with the rest of the world jumped to a 10-year high of $621bn (\u00a3472.5bn) last year, dealing a blow to President Donald Trump&#8217;s deficit reduction plan. The trade deficit is the difference between how much goods and services the US imports from other countries and how much &hellip; <\/p>\n","protected":false},"author":0,"featured_media":8238,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/8237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=8237"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/8237\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/8238"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=8237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=8237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=8237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}