The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial ...
(Some of these are vehicles made by European automakers at plants in the US.) The US trade deficit with China Trump complained of the US trade deficit with China, saying, “We’ve been having ...
The Trump Administration aims to reduce the US trade deficit by introducing import tariffs. While these were not part of the initial changes, they are expected to be implemented incrementally.
“We have, you know, hundreds of billions of dollars of deficits with the E.U. and nobody's happy with it.” This is exaggerated. The U.S. goods trade deficit with the European Union was a ...
THE country posted a $54.22-billion merchandise trade deficit last year — wider than the $52.59 billion recorded in 2023 — as imports increased and exports fell, data from the Philippine Statistics ...
The Philippines’ trade-in-goods deficit widened in 2024, the largest trade gap in over two years as imports picked up while exports continued to decline, the Philippine Statistics Authority (PSA) ...
The U.S. has a trade deficit, meaning it imports more goods than it exports. Tariffs could help close that gap by raising the prices of foreign goods and encouraging Americans to purchase domestic ...
Jonathan Reynolds told the BBC that the US has no goods trade deficit with the UK, which occurs when a country imports more than it exports. President Trump has doubled down on his threat to ...
This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Get faster notifications on the latest updates by ...
The US trade deficit with Vietnam exceeded US$110 billion (S$148 billion) in the first 11 months of 2024, US figures released in January show, as exports from the South-east Asian industrial hub ...
celebrated the Phase One deal by noting that the U.S. trade deficit with China in 2023 had fallen 25 percent from Trump’s first year in office. But, of course, he failed to mention that the ...
President Trump reiterated his concerns that the US' trade deficit with Canada, which amounts to 4% of the US' total trade imbalance, is unsustainable. President Trump also floated tax cuts for US ...