Growing gaps with Mexico and Vietnam add to the biggest imbalance the U.S. faces—with China.
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 U.S. trade deficit in goods narrowed in February amid a rise in exports, which could temper economists' expectations for ...
The deficit in February remained much larger than the $135.5 billion trade gap forecast by Wall Street economists polled by ...
The US report showed the goods-trade shortfall with Canada widened to a record $11.3 billion on a seasonally adjusted basis, while the deficit with Mexico grew from a month earlier.
The U.S. imported $1.2 trillion more in goods in 2024 than it exported, a record annual deficit and a major economic irritant for President Trump. On Feb. 13, the president announced that his ...