US Trade Deficit Widens Significantly Ahead of Trump Tariffs
The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.
2024 Trade Tops $5 Trillion, Exports Top $2 Trillion, Imports Above $3 Trillion
Along with $2 trillion in U.S. exports and $3 trillion in imports, the U.S. trade deficit with the world topped $1 trillion ...
INSIDE USA - Trump believes he can afford a trade war. But the US is vulnerable in one respect
Five facts about U.S. foreign trade.
Trump wants to reduce the trade deficit. Here's why that matters.
President Donald Trump has made reducing the trade deficit a central part of his "American First Trade Policy." Here's what ...
Chatham House4d
Despite Trump’s threats, Mexico is of fundamental importance to the US economy
The US–Mexico trade relationship has taken on a new dimension under Trump ... Despite the chaos, Mexican officials must carefully balance efforts to appease Trump with the undeniable fact of Mexico’s ...
Trump’s nemesis, the US trade deficit, hit record high in 2024
The Commerce Department report also showed the United States ran record bilateral trade deficits with Mexico, Vietnam, India, Taiwan, South Korea and the 27-nation European Union.
U.S. Trade Deficit Hit Record in 2024 as Imports Surged
Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to ...
Despite tariff disputes, Mexico, Canada have been key to US auto industry for decades
In 1965, the Canada–United States Automotive Products Agreement was enacted, a precursor to NAFTA that removed tariffs ...
Trump stretches trade law boundaries with Canada, Mexico, China tariffs
Experts say the 1977 International Emergency Economic Powers Act is untested for imposing import tariffs and Trump's action ...
Want Free Trade? May I Introduce You to the Tariff.
Countries with democratic governments and mostly free economies should come together and create a new trade regime, based on ...