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U.S. trade deficit hits 2nd highest level ever
U.S. Trade Deficit Hit Record in 2024 as Imports Surged
Overall U.S. exports to the world grew to $3.19 trillion in 2024, up 3.9 percent from the previous year, as the United States sold chips, computers, aircraft and business services to the world, but fewer cars and car parts.
U.S. trade deficit hits second highest level ever as Trump weighs more tariffs
The trade deficit surged in December and the U.S. finished 2024 with the second largest gap ever, perhaps in part because some businesses sought to bring in more imports before President Trump raised tariffs.
China hits back with levies on US products after Trump's tariffs take effect
China's finance ministry said it would impose levies of 15% for U.S. coal and 10% for crude oil, farm equipment and some cars.
2h
US trade deficit widens sharply in December as imports hit record high
The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats.
36m
on MSN
US Trade Gap Ballooned Ahead of Trump Term, Tariff Promises
The US trade deficit widened sharply at the end of 2024 on a surge in imports prior to the start of Donald Trump’s second ...
2h
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 Mexico, Canada and China. How does Arizona fit ...
1d
US agricultural exports/imports threatened by Trump trade actions
U.S. President Donald Trump on Saturday ordered sweeping tariffs on Mexico, Canada and China and has threatened duties on ...
11d
It’s ‘Too Close To Call’ When Predicting Total Trade, Export, Imports Records For 2024
Just weeks into the second term of President Trump, amid a flurry of tariff threats and free trade agreement reappraisals, ...
1h
on MSN
WA imports $1.3 billion of goods from Mexico. Tariffs would impact these items the most
Mexico is among the top 10 import countries for Washington state, with an import value over $1 billion in 2024 alone.
19h
How Trump’s Trade War Could Affect Climate Change
President Trump’s tariffs could threaten supply chains in the renewable energy industry and disrupt oil and gas markets.
2d
Trump imposes new tariffs on imports from Mexico, Canada and China in new phase of trade war
Starting Tuesday, nearly all imports from Canada and Mexico will be charged a 25% tariff, while goods from China will be ...
1d
New Tariff War? Canada, Mexico Top Market For 72% Of U.S. Export Categories
Canada and Mexico are the top buyers of U.S. exports in more than 72% of all export categories, according to my analysis of ...
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