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.
The U.S. ended 2024 with the second-largest trade deficit on record — and China and Mexico were the countries that benefited ...
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.
Tariffs have made headlines in recent days with higher duties in the works for Mexico, Canada and China. How does Arizona fit ...
The imposition of 25% tariffs on Canada and Mexico by U.S. President Donald Trump caught investors off guard. Although they ...
Trump's tariffs on Canada, Mexico and China suggest he is willing to risk a global trade war. The main thing that could stop ...
China countered President Donald Trump’s across-the-board tariffs on Chinese products with tariffs on select U.S. imports ...
President Donald Trump's move to impose or threaten massive tariffs against China, Mexico, Canada and the European Union ...
Logistics firms are scrambling to adjust to President Donald Trump’s new rules that threaten to upend their booming business ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback