The US tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...
U.S. economic growth was strong in 2024, but GDP probably slowed toward the end of the year, as households and businesses ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
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.
Indian Prime Minister Narendra Modi may seek to arrest slowing economic growth in the world’s fifth-largest economy and ...
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 ...
The US merchandise-trade deficit widened in December to a record as the value of imports increased, highlighting a key issue ...
The deterioration in the goods trade deficit reported by the Commerce Department on Wednesday raises the risk of a sharper ...
The goods trade gap increased 18.0% to $122.1 billion last month, the largest since the government started tracking the ...
Conversely, American shoppers buy more imports when the dollar is strong. A bottle of Mexican tequila would have sold for $30 ...
President Trump has ambitions for a reordering of world commerce, with tariffs on items imported into the United States as a ...