The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats. The trade gap increased 24.7% to $98.4 billion, the highest since ...
Languages: English. You can get in touch with Hugh by emailing h.cameron@newsweek.com United States' trade deficit—total goods and services imports minus exports—jumped 25 percent last month ...
The U.S. goods trade ... trade deficit and “jump to the conclusion that there’s something fundamentally wrong with the U.S. economy, or that our trading partners are not treating us fairly ...
The US Department of Commerce says the combined goods and services trade deficit stretched to a gargantuan $918.4 billion in 2024. That's a 17% increase compared to 2023, although it's a little ...
America's trade deficit with other nations hit a fresh record last year, according to new data released Wednesday, in the midst of President Donald Trump's aggressive campaign to close the gap ...
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.
"All a trade deficit tells us is what is the difference between what Americans are spending and what they are earning, i.e., how much they are borrowing from the rest of the world. "If we are ...
President Donald Trump has spent his first few weeks in office rolling out his trade agenda, which has thus far focused on increasing tariffs. Part of that strategy is Trump's belief that tariffs ...
India's trade deficit decreased to USD 20.88 billion in January 2025 due to reduced gold imports influenced by rising prices ...
He said at a news conference following their meeting that the U.S. would work out its trade deficit with Japan with an agreement involving oil and gas without providing specifics. The U.S. had ...
If President Trump were truly interested in eliminating the trade deficit, he could easily do so by balancing the federal ...