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Trump, Trade Deficit
U.S. trade deficit in goods hits record high just before Trump took office. It won’t be easy to reduce them.
The U.S. posted a record trade deficit in goods in 2024, spotlighting what is likely to be a constant eyesore under the second administration of President Trump, which is encouraging more domestic production.
U.S. Trade Deficit Soars As Buyers Race To Beat Trump's Tariffs
Trump has promised to enact strict tariffs on major trading partners, and economists said businesses are likely trying to get ahead of any potential effects.
Explainer-Trump's Complaints About Trade Deficit With the EU and What May Come Next
In an "America First Trade Policy" memo issued on his first day back in the White House on Monday, Trump directed the Commerce and Treasury departments and the U.S. Trade Representative to investigate the trade deficit in goods and recommend appropriate measures by April.
23h
Record US goods trade deficit seen cutting into fourth-quarter GDP growth
The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial ...
3h
Steel trade deficit widens to over ₹31,350 cr for April - Dec period: Report
India's steel trade deficit widens to ₹31,350 crore in FY25, with China dominating imports and flat steel prices declining.
1d
U.S. Trade Deficit Jumps in December As Businesses Stockpile Goods
The U.S. trade deficit in goods grew 18% to $122.1 billion in December, according to advance data from the Census Bureau, up $18.6 billion from November. The increase was driven by a surge in ...
1d
India's economy faces slowing growth, volatile trade ahead of new financial year
Indian Prime Minister Narendra Modi may seek to arrest slowing economic growth in the world's fifth-largest economy and ...
4d
on MSN
Trump’s new trade war may prove far more disruptive than his first
President Donald Trump’s ambitions for a reordering of world commerce are broader. The opposition — at home and abroad — is ...
6d
on MSN
Fact check: Trump makes false claims about trade with Canada and Europe in remarks to Davos
President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday ...
5d
It’s ‘Too Close To Call’ When Predicting Total Trade, Export, Imports Records For 2024
Just weeks into the second term of President Trump, amid a flurry of tariff threats and free trade agreement reappraisals, ...
7d
on MSN
Japan’s exports hit record high, but trade deficit continues
TOKYO (AP) — Japan saw record-high exports last year, as its annual trade deficit declined 44% from the previous year, the ...
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1d
US trade deficit expands by more than 6% in November 2024
The US trade deficit widened in November 2024 amid a faster increase in the goods trade deficit compared to the services trade surplus. Accordi ...
1d
Trade Gap Widens to $122.1B; Fed Faces Inflation Risks as Trump Tariff Threats Heat Up
The U.S. trade deficit surged to $122.1B in December. With Trump eyeing new tariffs, markets brace for inflation risks and ...
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