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.
Oil and gas traders are likely to seek waivers from Beijing over tariffs that the Chinese government plans to impose on U.S.
Americans are likely to pay more for products from popular Chinese e-commerce platforms like Shein and Temu as the U.S.
Mexico is among the top 10 import countries for Washington state, with an import value over $1 billion in 2024 alone.
Despite a growing trade war between Washington and Beijing, China's ethane imports from the U.S. are set to surge this year ...
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.
China announced retaliatory tariffs on select American imports and an antitrust investigation into Google on Tuesday, just ...
A bipartisan bill was approved today to prevent tuna that gets imported into the U.S. from being mislabeled as high-quality ...
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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