The US Department of Commerce says the combined goods and services trade deficit stretched to a gargantuan $918.4 billion in 2024. That's a 17% increase compared to 2023, although it's a little ...

The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats, ...

The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats. The trade gap increased 24.7% to $98.4 billion, the highest since ...

That deficit is the total value of what the United States imports from other nations, minus its exports to other countries. The fact that America runs a trade deficit reflects how the nation’s ...

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. The EU data ...

America's trade deficit with other nations hit a fresh record last year, according to new data released Wednesday, in the midst of President Donald Trump's aggressive campaign to close the gap ...

Britain entered a rare deficit in its goods trade with the United States at the end of last year, according to data published ...

There are cases where that may be the case. But look, we have a trade deficit because the United States is a rich country. And we are using our high income to buy goods and services from other ...

Less than a month after returning to the White House on Jan. 20, Trump slapped 10% duties on all Chinese imports, a move that ...

The US trade gap swelled last year to its second-largest on record, government data showed Wednesday, as deficits come under the spotlight with President Donald Trump's return to the White House.

The US trade gap swelled last year to its second-largest on record, government data showed Wednesday, as deficits come under ...