This is what a slow down in global trade looks like. For many years, economists warned about an “unsustainable” trade deficit in the US, and now they’re getting their wish, since its shrinking dramatically. But, look across the Pacific at one of our biggest trading partners, and you can see, the rebalancing is causing quite a bit of pain.
Get This Delivered To Your Inbox
You can get this dropped in your inbox every afternoon as The Chart Of The Day. It’s a simple. It’s convenient. It’s free. All we need is your email address (though we’d love your name and state, too, if you’re willing to share it). Sign up below!
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.