trade deficit

U. S. Facing Billions in Agriculture Trade Deficit

DanAgri-Business, Economy, Exports/Imports, Trade

trade deficit

The U. S. faces a projected $49 billion trade deficit in agriculture, with increased imports of avocados, coffee, and orange juice contributing. Meanwhile, American staple crops are losing global market share, leading to a 6.5% rise in farm goods imports.

U. S. Facing Billions in Agriculture Trade Deficit