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Why has the US trade deficit grown?

By Roxanne Cooper
Saturday, February 12, 2011 11:22 EDT
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High oil prices and cheaper Chinese imports are causing America’s trade deficit to balloon, according to this BBC report uploaded on February 11, 2001.

Roxanne Cooper
Roxanne Cooper is the publisher of Raw Story. She has 20+ years experience in media management, marketing, and advertising and has held positions with AlterNet, the Association of Alternative Newsweeklies, LA Weekly, San Francisco Bay Guardian, and Stars & Stripes. From 2004-2008, Roxanne published the popular political blog Rox Populi. She lives in San Francisco and you can follow her on Twitter at @AlterRox.
 
 
 
 
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