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China accounted for 5.89% of all U.S. trade in May, its lowest percentage in decades. Trump’s tariffs or trade trickery? It’s ...
It is clear that the United States is running a trade deficit vis-à-vis the rest of the world. It currently sits at about $900 billion, or about 3% of GDP. Are we living beyond our means?
The U.S. imported $1.2 trillion more in goods in 2024 than it exported, a record annual deficit and a major economic irritant for President Trump. On Feb. 13, the president announced that his ...
The Commerce Department reported the August U.S. trade deficit was $67.1 billion, up from $63.3 billion in July. Through the first eight months of 2020, the US has recorded a trade gap of $421.8 ...
WASHINGTON, June 7 (Reuters) - The U.S. trade deficit widened by the most in eight years in April as imports of goods rebounded while exports of energy products declined, a trend that if sustained ...
Falling bulk commodity prices since 2022 have dragged down export values for crops like soybeans, corn, wheat and rice.
The U.S. trade deficit hit a record $140.5 billion in March, up 14% from February, as businesses increased imports to avoid tariffs, the Commerce Department reported Tuesday.
HARRIS: Well, let's be clear that the Trump administration resulted in a trade deficit, one of the highest we've ever seen in the history of America.He invited trade wars. You want to talk about ...
In February, the overall U.S. trade deficit was $122.7 billion, down $8 billion from January when it was at a record high, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau.
The US trade gap edged only slightly higher in October than the month before, to $78.2 billion. The latest reading was up just 5.4%, less than half the pace of increase from the revised September ...
The U.S. trade deficit narrowed sharply in August as exports increased to a record high, suggesting trade could have little or no impact on economic growth in the third quarter.
The $918.4 billion deficit reflects an equal $918.4 billion capital surplus. In other words, foreigners are buying $918.4 billion more in U.S. assets—such as stocks, bonds and real estate—than ...