The trade deficit has increased in the USA

The trade deficit in the US increased for the third consecutive month due to a decrease in exports compared to imports. According to data from the US Department of Commerce, the trade deficit increased 2.7% in February to reach its highest level in the past four months at $70.5 billion, exceeding economists' expectations of a deficit of $68.8 billion.

Imports decreased by 1.5% to $321.7 billion, while exports decreased by 2.7% to $251.2 billion. Additionally, January's figures were revised from a deficit of $68.3 billion to $68.7 billion.

Among the other countries with which the US had a trade deficit during this period were the European Union with $18.1 billion, Mexico with $12 billion, Vietnam with $8.1 billion, Germany with $7.9 billion, Japan with $5.7 billion, Canada with $5.6 billion, Taiwan with $4.7 billion, South Korea with $4.5 billion, Ireland with $3.7 billion, India with $3.7 billion, Italy with $3.4 billion, Malaysia with $2.8 billion, Switzerland with $1.7 billion, Saudi Arabia with $0.7 billion, Israel with $0.6 billion, and France with $0.6 billion.

The US had a trade surplus with countries such as South and Central America with $4.7 billion, the Netherlands with $1.8 billion, Belgium with $1.6 billion, Australia with $1.5 billion, Brazil with $0.9 billion, and Singapore with $0.2 billion.