According to Commerce Department figures released this morning, the monthly U.S. trade deficit in goods and services reached $58.2 billion in January 2008, up from $57.9 billion in December 2007.

AAM’s Scott Paul said, “The January trade numbers offer fresh evidence that our trade deficit is contributing to layoffs and plant closings across the nation.  China’s imports are the leading trade-related culprit.  Until Congress and the Administration stand up to China’s cheating and reform America’s trade policy, things will only grow worse for American workers and businesses.”

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