U.S. Trade Deficit Hit Record in 2024 as Imports Surged
Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to ...
Trump wants to reduce the trade deficit. Here's why that matters.
President Donald Trump has made reducing the trade deficit a central part of his "American First Trade Policy." Here's what ...
2024 Trade Tops $5 Trillion, Exports Top $2 Trillion, Imports Above $3 Trillion
Along with $2 trillion in U.S. exports and $3 trillion in imports, the U.S. trade deficit with the world topped $1 trillion ...
Record high imports pressure US trade deficit
The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats, ...
Record high imports sharply widen US trade deficit in December
The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats, ...
Tribune2424h
Record $4.2bn trade deficit is ‘no cause for alarm yet’
# This measures the country’s trade in physical goods, and how much imports exceed exports, resulting in a deficit that broke through the $4bn mark for the first time last year. This represents a 22.6 ...
U.S. Had Biggest Trade Deficits With These 10 Nations In 2024
The 2024 deficit was a record $1.2 trillion, marking the fourth consecutive trade deficit above $1 trillion and the sixth ...
Asian buyers look to step up US LNG imports to fend off Trump tariffs
At least six Asian economies have expressed interest in buying liquefied natural gas (LNG) to narrow their trade deficit with ...
Politico Europe10h
Trump rails against UK’s ‘huge’ trade deficit as hopes of tariff exemption fade
LONDON — Britain’s chances of dodging Donald Trump’s trade war appeared to fade Monday night, as the U.S. president blasted ...
Trade deficits are a distraction — focus instead on the debt
Broad-based increases in tariff barriers to reduce the trade deficit will be ineffectual, counterproductive and ultimately ...
think1d
Romania’s trade deficit remained high in 2024
After ending 2024 with a trade deficit of EUR33bn, the Romanian trade balance is set to continue to remain under pressure ...
US trade deficit widens sharply in December as imports hit record high
The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats.