Trade Deficit Hits New High in February The nation's trade deficit hit a record $61.4 billion in February, an increase driven by high oil prices and a surge in textile imports from China. One expert says this transfer of wealth to other countries is unsustainable in the long term, and recommends that consumers save more.
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Trade Deficit Hits New High in February

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Trade Deficit Hits New High in February

Trade Deficit Hits New High in February

Trade Deficit Hits New High in February

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  • <iframe src="https://www.npr.org/player/embed/4597562/4597563" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The nation's trade deficit hit a record $61.4 billion in February, an increase driven by high oil prices and a surge in textile imports from China. One expert says this transfer of wealth to other countries is unsustainable in the long term, and recommends that consumers save more.