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How to reduce the US manufacturing trade deficit

The US trade deficit in manufactured products has been growing for many years as production moved out of the country. In the 2009 period, the 12-month moving average of the monthly deficit was about US$40 billion.

It has increased markedly during the past several years. In October 2021, that average reached about $90 billion – a sharp 50% increase from about $60 billion in February 2020.