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Record high imports sharply widen US trade deficit
US trade deficit widens sharply in December as imports hit record high
The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats.
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 a record $4.1 trillion, as Americans bought large amounts of auto parts, weight-loss drugs, computers and food from other countries.
US imports hit record high as Trump tariffs backfire
US imports surged to a record high in December, official figures showed today as Donald Trump’s threat of tariffs triggered a rush among American companies to import goods.
2h
Focus: China's U.S. ethane imports to surge in 2025 in drive to cut costs
Despite a growing trade war between Washington and Beijing, China's ethane imports from the U.S. are set to surge this year ...
17h
on MSN
Fast fashion, laptops and toys are likely to cost more due to US tariffs on Chinese imports
A sweeping new U.S. tariff on products made in China is expected to increase the prices American consumers pay for a wide ...
20h
on MSN
WA imports $1.3 billion of goods from Mexico. Tariffs would impact these items the most
Mexico is among the top 10 import countries for Washington state, with an import value over $1 billion in 2024 alone.
19h
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 for the third time in four years.
23h
on MSN
What New U.S. Policies on Imports From China Mean for Shein and Temu
Americans are likely to pay more for products from popular Chinese e-commerce platforms like Shein and Temu as the U.S.
KITV
2h
New bill prevents cheap imports from being passed off as high-quality local ahi
A bipartisan bill was approved today to prevent tuna that gets imported into the U.S. from being mislabeled as high-quality ...
2d
on MSN
Thailand Weighs Imports of More US Goods to Cut Trade Surplus
Thailand is set to increase imports of US ethane and agricultural products, a government official said, in a bid to prevent ...
1d
China retaliates against Trump with tariffs on select US imports, AP Explains
China announced retaliatory tariffs on select American imports and an antitrust investigation into Google on Tuesday, just ...
1h
on MSN
China's U.S. ethane imports to surge in 2025 in drive to cut costs
Despite a growing trade war between Washington and Beijing, China's ethane imports from the U.S. are set to surge this year ...
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Related topics
China
United States
trade deficit
Donald Trump
tariffs
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