Trade Deficit

trade deficit: Petroleum imports accounted for less than 20% of the nation s trade deficit last year, down from more than 40% only five years earlier, according to figures for 2014 released Thursday, according to Wall Street Journal and The U.S. oil boom is redrawing America s trade picture. But the overall U.S. appetite for overseas goods didn t diminish over the period, which started... (news.financializer.com). As reported in the news.