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U.S. Trade Deficits Increase from Covid January 19th, 2021 Eric Zuesse America’s trade deficit (excess of imports minus exports) reached its minimum in February 2020, and since then has increased 84% from February’s -3708, up to November s -6812. America has one of the world’s highest rates of coronavirus-19, or Covid-19, infection, and therefore is less productive and more needy than most countries are, during the coronavirus crisis, and is consequently importing more and producing less. The reverse has generally been the case for the countries that have had good policy-responses to the virus those countries’ economies have either been virtually unharmed by, or else have actually boomed from, this pandemic.

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