Trade deficit in goods tops $1 trillion in 2021 for first time as U.S. gobbles up imports

[BreatheUT]

So much for buying American made. It might explain some of the supply chain issues waiting on foreign goods.


Americans spend huge sums on imports, but exports lag behind

The U.S. trade deficit in goods topped $1 trillion in 2021 for the first time ever, as an economic recovery enabled Americans to snap up a record amount of imports such as toys, cell phones and appliances.

Trade deficit in goods tops $1 trillion in 2021 for first time as U.S. gobbles up imports - MarketWatch