That's a 17% increase compared to 2023, although it's a little smaller ... grew from $78 billion in 2018 to about $172 ...
The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.
The Commerce Department report also showed the United States ran record ... goods and services trade deficit totaled $918 billion in 2024, up 17 percent from 2023 and the second highest on record.
That deficit is the total value of what the United States imports ... America’s Trade Deficits and Surpluses With Other Countries Note: Data is adjusted for inflation and shows 2023 trade ...
Trump has repeatedly voiced his grievances against the EU, stating “they don’t take our cars, they don’t take our farm ...
The record US goods and services trade deficit with China, about $378 billion, was actually set during Trump’s first presidency in 2018 ... full-year figure, for 2023, was about $252 billion ...
The report from the Commerce Department on Wednesday showed the United States experienced significant deficits with several trade partners ... from $279.1 billion in 2023. The shortfall with ...
The report from the Commerce Department on Wednesday showed the United States experienced significant deficits with several trade partners ... from $279.1 billion in 2023. The shortfall with ...
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 ...