The 2024 deficit was a record $1.2 trillion, marking the fourth consecutive trade deficit above $1 trillion and the sixth ...

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 ...

Trump's new 10% tariffs on Chinese imports reignite trade tensions, prompting China's swift countermeasures. This escalation ...

Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to ...

Chinese tariffs to come into effect on 10 February, leaving Beijing and Washington enough time to reach a deal to avoid ...

The tariffs have also provoked political tension, including retaliation from China, which responded to Trump's move with ...

Last year, the US trade deficit with China was $295 billion, a major decline from the record $418 billion gap set in 2018 — during Trump's first term. The trade deficit with Mexico, however ...

China’s trade surplus hit a record high in 2024, a symbolically potent $1 trillion. The optics of that rounded-up figure—the ...

The trade gap rose 17% in 2024 to a whopping $918 billion. Once again, the U.S. ran the largest deficit with China, with the gap in goods totaling $295 billion in 2024. (Full-year statistics for ...