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 ...
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 ...
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, ...
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 ...
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 ...
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.
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 ...
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, ...
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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 ...
Amid global tariff turmoil, India’s steel imports surge even as exports drop sharply
India continued to be a net importer of steel for April-Jan period of the fiscal (10M FY25) with imports exceeding exports by ...