Record high imports sharply widen US trade deficit
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 a record $4.1 trillion, as Americans bought large amounts of auto parts, weight-loss drugs, computers and food from other countries.
Despite a growing trade war between Washington and Beijing, China's ethane imports from the U.S. are set to surge this year ...
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A sweeping new U.S. tariff on products made in China is expected to increase the prices American consumers pay for a wide ...
Mexico is among the top 10 import countries for Washington state, with an import value over $1 billion in 2024 alone.
Along with $2 trillion in U.S. exports and $3 trillion in imports, the U.S. trade deficit with the world topped $1 trillion for the third time in four years.
Americans are likely to pay more for products from popular Chinese e-commerce platforms like Shein and Temu as the U.S.
A bipartisan bill was approved today to prevent tuna that gets imported into the U.S. from being mislabeled as high-quality ...
Thailand is set to increase imports of US ethane and agricultural products, a government official said, in a bid to prevent ...
The oil market has been in the spotlight over the past few days due to the US President Donald Trump’s tariff narrative.
Despite a growing trade war between Washington and Beijing, China's ethane imports from the U.S. are set to surge this year ...
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