Thursday, November 15, 2018


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The Yang Ming Marine Transport Corp. Oakland cargo ship is guided into the Port of Oakland by a pair of AmNav tugboats as an engineer tends to mooring lines in Oakland, California.

Tim Rue | Bloomberg | Getty Images
The Yang Ming Marine Transport Corp. Oakland cargo ship is guided into the Port of Oakland by a pair of AmNav tugboats as an engineer tends to mooring lines in Oakland, California.

The U.S. trade deficit in goods widened for a fourth straight month in September, bringing it to $76 billion, according to the Census Bureau.

The overall trade deficit’s growth comes as the U.S. and China engage in a trade war. Both countries have slapped tariffs on billions of dollars worth of each other’s goods this year. The Trump administration is using tariffs to try to narrow its deficit between imports and exports.

This has kept global investors on edge, as they fear tighter trade conditions will slow the global economy.

WATCH: Trump’s tariffs could lead to unintended consequences

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