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U.S. Trade Balance

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The U.S. trade deficit has widened since 1991. Over the first five months of this year, the shortfall was $48.1 billion. Our largest deficits are with Japan, China, and our NAFTA partners.

Suggested citation: “U.S. Trade Balance,” Federal Reserve Bank of Cleveland, Economic Trends, no. 97-08, pp. 18, 08.01.1997.

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