Trade Gap

iPhone 6 Helped Fuel a Record U.S. Trade Gap with China in September

What’s being termed as the #iPhoneEffect by The Wall Street Journal, the iPhone 6 and iPhone 6 Plus launch seemed to have helped fuel a record U.S. trade gap with China in September. Imports from China hit the $44.9 billion mark in September, up 13% on the month. The source further notes that the $5 billion increase in...