By Erin Coates
Published April 7, 2021 at 10:36am

The U.S. trade deficit hit an all-time high in February as Americans bought more imported goods in President Joe Biden’s first month in office.

The trade deficit jumped 4.8 percent to $71.1 billion in February, according to a report released Wednesday from the Commerce Department.

The surge is a $3.3 billion increase from January’s deficit of $67.8 billion.

READ MORE HERE: US Trade Deficit Hit All-Time High in Biden’s First Full Month in Office (westernjournal.com)