The U.S. imported $540.4 billion more in goods and services last year than it exported, down only slightly from the $559.9 billion trade deficit in 2011."We racked up a pretty impressive export performance over the last few years. But the main reason that we may not reach the Obama doubling-export goal is the world economy is slowing down," said Tonelson, whose organization represents nearly 2,000 mainly family-owned U.S. manufacturing companies.
US Is Halfway To Obama 5-year Export-doubling Goal
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