Despite Trump's tough talk, trade gap widens to 9-year high

Yahoo Finance Video

President Donald Trump campaigned on a promise to overturn U.S. trade policy and bring down the country's massive, persistent trade deficits. But the Commerce Department reported Tuesday that the U.S. trade deficit in goods and services rose 12 percent to $566 billion last year, biggest since 2008. A record $2.9 trillion in imports swamped $2.3 trillion in exports last year.

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