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According to Reuters on the 5th, the U.S. trade deficit in 2020 hit a new high in the past 12 years due to the impact of the continued spread of the COVID-19 epidemic on logistics-related services.
According to the data released by the U.S. Department of Commerce on the 5th, the U.S. trade deficit jumped 17.7% to $678.7 billion in 2020, the highest annual value since the outbreak of the global financial crisis in 2008.
Among them, export trade fell 15.7% to the lowest level since 2010, and import trade also fell 9.5%, a four-year low.
