The United States is in the midst of a trade surplus and is in a race against time to maintain that surplus, according to the Federal Reserve.
While the U.S. is running a trade deficit, it has no trade deficit in excess of $500 billion, the Fed said in a report Wednesday.
The trade surplus, which the Fed calculated using data from the Commerce Department and the Office of Management and Budget, is $1.4 trillion.
The Federal Reserve is also predicting a $1 trillion deficit in 2019.
Trade deficits can have negative effects on U. S. exports and imports.
They can hurt economic growth, as foreign countries look for cheap labor, and they can hurt U. States exports.
They also can hurt the U of S economy by reducing the amount of goods the U,S.
can buy from other countries.
The U.N. has warned of the trade deficit as a threat to the global economy.
The current trade deficit is expected to rise to $2.5 trillion by 2021, according the Fed.
The Trump administration has been trying to close the trade gap.
The White House has said that the current deficit will end when the trade surplus is eliminated.
The Fed report said the current trade gap is expected, though, to decrease to $1,200 billion in 2019, a $200 billion decrease from the current year’s surplus.
The next trade deficit would be $2,000 billion in 2021, or $1 billion less than the current surplus.