Trade deficit balloons to a 3-year high: US imports hit record high in December as Donald Trump’s threat of tariffs triggered rush among American companies to import goods
US imports hit a record high of $364.9 billion in December. The trade deficit widened to $98.4 billion due to a surge in imports. This increase followed president Trump's threats of tariffs, leading ...
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 ...
For Chinese exporters big and small, a week of chaos and confusion
The Trump administration’s tariffs and restrictions on Chinese imports are already hurting businesses making everything from ...
Leaving Free Trade Orthodoxy Behind
The free trade orthodoxy is being transformed into something else. Just to review a bit of recent history: Former President ...
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 ...
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 ...
Trump's US trade negotiator choice vows hardline policies
Jamieson Greer promised to pursue Trump's hardline trade policies in testimony Wednesday before the Senate Finance Committee.
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U.S. Trade Deficit Hits Record High Amid Tariff Concerns
The U.S. trade deficit surged in December as imports hit a record high, driven by businesses rushing to secure foreign-made ...
Record high imports pressure US trade deficit
The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats, ...
US trade deficit hits record that will be a Trump target
President Donald Trump's mission to close the U.S. trade deficit met a greater challenge as America's trade deficit in goods ...
US imports hit record high as Trump tariffs backfire
US imports surged to a record high in December, official figures showed today as Donald Trump’s threat of tariffs triggered a rush among American companies to import goods.