U.S. trade deficit in manufactures surges 9% in fourth quarter

02/25/2014

Ernest H. Preeg, senior adviser for international trade and finance
The trade figures for 2013 raise important questions about the path ahead for trade in manufactures, both for the U.S. and China. As for U.S. policies to strengthen export competitiveness, little positive change can be expected this year. The outcome will depend on whether companies can work to become more cost competitive. Policy Analysis

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