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Trump Slaps 35% Tariff on Canadian Goods, Threatens More as Trade Talks Falter
Trump claimed in his letter that the new 35% tariff was a response to “Canada’s failure” to address several long-standing trade and security concerns. These included the country’s dairy tariffs, the US-Canada trade deficit, and what he called insufficient action against the flow of fentanyl into the United States.
The U.S. trade deficit widened sharply in May as exports fell, but subsiding imports suggested trade could still lead an ...
The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...
In May, both US imports and exports contracted, with the trade deficit widening further. Analysts said that the latest data ...
The U.S. trade deficit narrowed significantly in April as President Donald Trump sharply escalated tariffs before pausing a large swath of the levies, U.S. Commerce Department data on Thursday ...
The U.S. trade deficit hit a record $140.5 billion in March, up 14% from February, as businesses increased imports to avoid tariffs, the Commerce Department reported Tuesday.
The U.S. international trade in goods deficit was higher at $162.0 billion in March, worse than the estimate of -$145.0 billion, against $147.8 billion deficit in February, the U.S. Commerce ...
WASHINGTON] US job openings unexpectedly increased in May, but a decline in hiring added to signs that the labour market had ...
The U.S. trade deficit in goods increased in May amid a decline in exports, but an ebbing inflow of imports likely positions trade to make a big contribution to gross domestic product in the second ...
The goods trade gap widened 11.1% to $96.6 billion last month, the Commerce Department's Census Bureau said on Thursday. Exports of goods dropped $9.7 billion to $179.2 billion. Goods imports were ...
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