trade deficit, Tariffs

One Goal of Trump’s Tariffs: To Bring Down the Trade Deficit
One of Trump’s stated goals in using tariffs is to balance out U.S. trade with other countries. The country has historically run a trade deficit, meaning it imports more goods and services than it sells.
U.S. trade deficit in goods balloons to record high as businesses race to avoid tariffs
The trade sector seems set to be a drag on headline GDP growth in the first quarter, but it is hard to estimate how much.
US goods trade deficit widens sharply in January
The U.S. trade deficit in goods widened sharply in January, most likely as businesses front-loaded imports ahead of tariffs, potentially positioning trade to be a drag on economic growth in the first quarter.
Trade deficit widens 33% in February
The national data collecting agency reported that the gap between imports and exports widened 33.4% in February compared to the same month of last year. Compared to the $1.7 billion trade gap in February last year, the deficit increased to $2.3 billion this year, up $576 million.
India’s Widening Trade Deficit: A Concerning Factor for Economy?
India's trade deficit stood at $16.5bn a year ago and exports also shrunk by 2.4% year-on-year to $36.43bn in January. Meanwhile, India's value of imports spiked by 10% to $59.4bn during the period
US merchandise trade deficit surges ahead of expected tariff increases
The US trade goods deficit surged to a record high in January as companies hoovered up supplies of foreign products and metals ahead of the expected imposition of tariffs by President Donald Trump. The gap between exports and imports of goods jumped by more than 25 per cent from the previous month to $153bn,
US Merchandise Trade Deficit Widens to Record on Import Surge
The US merchandise trade deficit widened unexpectedly in January to a record as imports surged ahead of President Donald Trump’s promised tariffs.
Record goods trade gap signals companies "front loading" ahead of Trump tariffs
The U.S. trade deficit for goods widened sharply in January, a result of a record surge of products imported into the country, the Commerce Department said on Friday. Why it matters: For yet another month,
The Countries Fueling America’s $1.2 Trillion Trade Deficit, in Charts
The U.S. imported $1.2 trillion more in goods in 2024 than it exported, a record annual deficit and a major economic irritant ...
Trade Wars Come With A Price, And Investors May Already Paying It
McKinley's tariff triggered retaliation from other nations. Prices rose, particularly for middle- and lower-income Americans, ...
NBC Los Angeles4h
Trump's tariffs start global trade fight as China, Canada retaliate: Live updates
China has moved quickly to strike back against Trump's latest tariff plans. The Chinese governments on Tuesday announced ...
Budget Cuts Can Solve Trump’s Trade Deficit Problem
Steep cuts to federal spending could pull down interest rates, the dollar and trade deficit—without the messiness of tariffs.
El País in English4h
Trump initiates trade war with Mexico and Canada by applying 25% tariffs
The stock market experienced a sharp fall as Washington’s protectionist threat against its trading partners was fulfilled ...
India's Exports Face Pressure From US, EU Trade Policies, Govt Official Says
Indian exports are facing mounting pressure from aggressive trade policies by partners such as the United States and the ...
Zawya3h
Egypt’s trade deficit hits $4.15bln in December
The value of Egyptian imports rose by 11.3% to $8.11 billion last December, driven by a growth in imports of some goods, ...
Nasdaq falls into correction territory as trade war worries weigh
Wall Street's main indexes fell on Tuesday, with the tech-heavy Nasdaq leading declines, as investors feared that an ...