Under threat of Trump tariffs, UK posts rare goods trade deficit with US
Britain entered a rare deficit in its goods trade with the United States at the end of last year, according to data published on Thursday that London will hope bolsters its case against the imposition of new tariffs by President Donald Trump.
Opinion
Why Trump can’t close the trade deficit
The prevailing dislike for imports among America’s political class has an old and bipartisan pedigree. At least since the Carter administration — the last time the country’s broad balance of trade was in the black — members of both parties have bemoaned the country’s persistent trade deficit as evidence of some deep national weakness.
With Narendra Modi, prime minister of India, expected at the White House this week, CNN takes a look at the trade ...
Annual U.S. trade deficits in goods. ’00 ’05 ’10 ’15 ’20 The U.S. trade deficit in goods hit a record $1.2 trillion last year, as American consumers snapped up imported products and a ...
Yet the overall U.S. trade deficit has kept rising since then ... putting that country in ninth place (see chart). There is a big caveat, though: The U.S. actually ran a sizable surplus with ...
The trade deficit swelled 17.0% to $918.4 billion in 2024, the largest since 2021. Imports increased 3.5% to an all-time high of $364.9 billion. Goods imports soared 4.0% to $293.1 billion.
The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again. By Ana Swanson Ana Swanson covers international trade and is based in Washington To President ...
Politicians instinctively promise policies to reduce imports in response to chronic U.S. trade deficits. However, trade deficits are not a problem — they are merely a symptom of something more ...
Politicians instinctively promise policies to reduce imports in response to chronic U.S. trade deficits. However, trade deficits are not a problem — they are merely a symptom of something more ...
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