The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced yesterday that the goods and services deficit was $70.3 billion in December, up $17.3 billion from $53.0 billion in November, revised. December exports were $287.3 billion, $5.0 billion less than November exports. December imports were $357.6 billion, $12.3 billion more than November imports. The December increase in the goods and services deficit reflected an increase in the goods deficit of $15.7 billion to $99.3 billion and a decrease in the services surplus of $1.6 billion to $29.0 billion. U.S. manufacturing shed ~72,000 jobs since Trump announced his alleged Liberation Day tariffs last April, according to the Federal Reserve Bank of St. Louis.