President Donald Trump has made reducing the trade deficit a central part of his "American First Trade Policy." Here's what ...
Trump has repeatedly voiced his grievances against the EU, stating “they don’t take our cars, they don’t take our farm ...
The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.
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 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's new tariffs could drive up prices, impact jobs, and shift global trade. Explore the economic effects and what’s at ...
You can get in touch with Hugh by emailing [email protected] The United States goods and trade balance ... the deficit jumped to $918.4 billion from $784.9 billion in 2023, having previously ...
assistant US trade representative for South and Central Asian affairs from 2016 to 2018, in a January 21 Foreign Policy article. The trade deficit between the US and India has been widening ...
“So this is not a new concept.” The U.S. trade deficit with China in 2023 — US$279.4 billion, according to the U.S. Bureau of Economic Analysis — was more than four times the deficit with ...
WASHINGTON: The US ... trade deficit with Canada increased $2.9bn to $7.9bn in December. While the goods trade gap with China narrowed in December, it increased to $295.4bn in 2024 from $279.1bn ...