Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to ...
The U.S. trade deficit shrank to an almost three-year low in August, reflecting a pullback in American demand for foreign merchandise and a pickup in goods shipments overseas. The deficit declined ...
The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats, ...
For all of 2024, the merchandise-trade deficit with Mexico widened on an unadjusted basis to a record $171.8 billion. The gap ...
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 ...
The Commerce Department report also showed the United States ran record bilateral trade deficits with Mexico, Vietnam, India, Taiwan, South Korea and the 27-nation European Union. The EU data ...
There are cases where that may be the case. But look, we have a trade deficit because the United States is a rich country. And we are using our high income to buy goods and services from other ...
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 ...
President Donald Trump has long sought to tackle the country's overall trade deficit. The combined goods and services trade deficit hit $918.4 billion in 2024, a big increase from 2023. There hasn ...
The report from the Commerce Department on Wednesday showed the United States experienced significant deficits with several trade partners, including China, Mexico and Canada, which have been ...