The US merchandise trade deficit widened unexpectedly in January to a record as imports surged ahead of President Donald Trump’s promised tariffs.

The U.S. trade deficit in goods widened sharply in January, most likely as businesses front-loaded imports ahead of tariffs, potentially positioning trade to be a drag on economic growth in the first ...

(RTTNews) - Reflecting a spike by the value of imports, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened by more than expected in the month of January.

In part, Trump’s appetite for tariffs stems from a long-standing grievance against the size of the US current account deficit. (The current account deficit comprises the trade deficit and a few ...

The Philippines’ balance of payments (BOP) position recorded a surplus of $609 million in 2024, lower than $3.7 billion in ...

One of Trump’s goals is to boost domestic production, but the US trade deficit with the rest of the world is a result of broader factors powering the US economy. These include the dollar’s ...

The United States hinted Thursday at an expanded reprieve for Canada and Mexico from President Donald Trump’s steep tariffs, ...

Exports, which add to domestic production, could fall if the trade war continues and more countries respond with tariffs on ...

Explore how tariffs under the Trump administration and Project 2025 affect trade deficits, domestic manufacturing, and U.S.

WASHINGTON, Feb 28 (Reuters) - The U.S. trade deficit in goods widened sharply in January, most likely as businesses front-loaded imports ahead of tariffs, potentially positioning trade to be a ...