The Trump Administration will go down as accomplishing something no President has ever done, experience a surplus in petroleum trade.  But the news comes wrapped around in very bad news, namely, the worst trade deficit since 2008, the year of the great collapse.

US Trade Deficit in 2020 Worst since 2008, Goods Deficit Worst Ever Despite First Ever Petroleum Surplus – wolfstreet.com

From wolfstreet.com 2021-02-09 01:19:30 But the Trade Fiasco with China was the least terrible since 2013. By Wolf Richter for WOLF STREET. The US trade deficit in goods worsened by 6% in 2020, to $916 billion, the biggest […]