The U.S. imported $1.2 trillion more in goods in 2024 than it exported, a record annual deficit and a major economic irritant ...

Trump wants to reduce the $1.2 trillion trade deficit, so he’s putting tariffs on popular imported goods from smartphones to ...

The U.S. had a $1.2 trillion goods trade deficit in 2024, and the largest deficits were with China and Mexico. The U.S. showed trade surpluses in 2024 with countries like the Netherlands and Hong ...

There’s a lot happening in global markets just two months into the new year. Trump’s tariffs, DeepSeek, European defence ...

President Donald Trump’s repeated threats to dramatically expand tariffs are now a reality. Tariffs of 25% on goods from Mexico and Canada went into effect Tuesday morning, alongside an additional 10% ...

President Donald Trump has for years wildly exaggerated the size of US trade deficits with various other countries. Now, as Trump cites those trade deficits as a key justification for his tariff ...

The deficit was larger than all but one estimate in a Bloomberg survey of economists. The value of imports rose 10% to a record $401.2 billion, while exports increased 1.2%. The figures aren’t ...