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Record high imports sharply widen US trade deficit
Trump detests the U.S. trade deficit. Here's what it means.
President Donald Trump has repeatedly criticized the nation’s trade deficit, which the Commerce Department reported Wednesday reached a new record high.
Record high imports pressure US trade deficit
The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats, which might have prompted businesses to rush purchases of foreign-made goods like finished metals and computers.
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.
17h
on MSN
U.S. ran the biggest trade deficits with China and Mexico in 2024. What about Canada?
The U.S. ended 2024 with the second-largest trade deficit on record — and China and Mexico were the countries that benefited ...
1d
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 ...
1h
Trump's US trade negotiator pick vows hard-line policies
Jamieson Greer, President Donald Trump's choice to be the top U.S. trade negotiator, promised to pursue the president's ...
1d
on MSN
Tariffs and trade: How Arizona fits into the commerce linking Mexico, Canada, others
Tariffs have made headlines in recent days with higher duties in the works for Mexican, Canada and China. How does Arizona ...
2d
Trump’s Trade War Threatens The Global Economy And Markets
Trump's tariffs on Canada, Mexico and China suggest he is willing to risk a global trade war. The main thing that could stop ...
5h
on MSN
Trade representative nominee defends Trump tariffs in committee hearing
Jamieson Greer previously served as the chief of staff to the trade representative during President Donald Trump's first ...
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