What Is a Trade Deficit?
A trade deficit occurs when a country imports more goods and services than it exports. Here is what it really means, why it is…
Import and export figures come as European leaders prepare to meet this week to address growing imbalanceThe EU’s trade deficit with China has reached a record €1bn (£0.8bn) a day, according to official trade data, fuelling concerns over the future of Europe’s “industrial backbon
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