U.S. Trade Deficit Hit Record in 2024 as Imports Surged
Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to a record $4.1 trillion, as Americans bought large amounts of auto parts, weight-loss drugs, computers and food from other countries.
President Donald Trump on Friday threatened tariffs on Japanese goods if the US trade deficit with Tokyo is not equalized, as ...
Broad-based increases in tariff barriers to reduce the trade deficit will be ineffectual, counterproductive and ultimately ...
Along with $2 trillion in U.S. exports and $3 trillion in imports, the U.S. trade deficit with the world topped $1 trillion ...
European leaders warned on Monday that U.S. President Donald Trump's threat to expand tariffs to the EU risked igniting a ...
EUR/USD struggles to gain traction and trades below 1.0400 on Friday. Investors adopt a cautious stance ahead of the ...
Germany’s goods-trade surplus with the US hit a new high last year, a development that’s likely to irk President Donald Trump ...
Robert Lighthizer, who was the U.S. trade representative in President Trump's first administration, says China poses an ...
Poland's foreign minister pushed back Thursday against United States President Donald Trump's claim that trade with Europe is an "atrocity," asserting the U.S. runs a "huge" surplus when it comes to ...
The more President Donald Trump threatens tariffs on the US’s trading partners, the more the worry of another inflation wave ...
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