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Trump's nemesis, the US trade deficit, hit record high
U.S. Had Biggest Trade Deficits With These 10 Nations In 2024
The 2024 deficit was a record $1.2 trillion, marking the fourth consecutive trade deficit above $1 trillion and the sixth increase in the last eight years.
Trump detests the U.S. trade deficit. Here's what it means.
President Donald Trump has repeatedly criticized the nation’s trade deficit, which the Commerce Department reported Wednesday reached a new record high.
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.
4h
Trump says US and Japan will work to cut trade deficit as he greets Ishiba
U.S. President Donald Trump welcomed Japanese Prime Minister Shigeru Ishiba at the White House on Friday and said the two ...
1h
Trump tells Ishiba at the White House that he wants to slash the US trade deficit with Japan
Trump also announced alongside the Japanese prime minister that Nippon Steel was dropping its $14.1 billion acquisition of ...
2d
2024 Trade Tops $5 Trillion, Exports Top $2 Trillion, Imports Above $3 Trillion
Along with $2 trillion in U.S. exports and $3 trillion in imports, the U.S. trade deficit with the world topped $1 trillion ...
11h
on MSN
French trade deficit continues to narrow in 2024
French trade deficit continued to narrow in 2024, the country's customs office said on Friday. The deficit continued to ...
2h
Trump meets Japanese PM Shigeru Ishiba, vows to address trade deficit and strengthen bilateral ties
US President Donald Trump welcomed Japanese Prime Minister Shigeru Ishiba at the White House on Friday and said the two ...
AFP on MSN
2h
Trump Meets Japanese PM Ishiba, Threatens Tariffs If Trade Deficit Not Equalised
President Donald Trump on Friday threatened tariffs on Japanese goods if the US trade deficit with Tokyo is not equalized, as ...
1d
Trump's trade chief nominee Greer says universal tariff needs more study
Jamieson Greer, President Donald Trump's nominee for U.S. trade representative, said on Thursday that a universal tariff ...
1d
on MSN
World Inflation at Risk of Rekindling With Trump’s Trade War
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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