U.S. Trade Deficit Fell to 9-Year Low in May
25.96 Billion tollars is the trade deficit for the month of May, that means the US bought around 26 billion more than we sold, that means it’s 26 billion more in debt.
This year, the deficit is running at an annual rate of $350 billion; it was $695.9 billion for all of 2008. Read More.