Record US goods trade deficit seen cutting into fourth-quarter GDP growth
The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial supplies and consumer goods in anticipation of broad tariffs from ...
FXStreet9d
Sharp widening in trade deficit to end 2024 driven by temporary factors
The U.S. trade deficit widened by a record amount in December ... meanwhile they remain at odds with the Q4 real GDP data, which showed net exports were a neutral force on growth.
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.
The Gazette17d
Record US goods trade deficit seen cutting into fourth-quarter GDP growth
A wider trade deficit as a result of an influx of imports is usually offset by a rise in inventories in the calculation of GDP. Trade and inventories are the most volatile components of GDP.