Nippon Steel president says suing US government is an option
Nikkei business daily had reported that Nippon Steel will challenge Joe Biden's order to block its acquisition of US Steel.
The US trade deficit has been steadily shrinking since hitting a 5-year peak of $51.35 billion in December of 2011.
But America still imports significantly more than it exports, leaving the total 2012 trade deficit at roughly $730 billion.
Here’s an excellent map from Vizual Statistix, showing from which parts of the world the US buys goods, and to which parts it sells.
US 5-year trade deficit graph:
Credit: Y Charts
