U.S. exports of goods and services to the world also hit a record, reaching $3.2 trillion in 2024. That was driven by ...
The U.S. ended 2024 with the second-largest trade deficit on record — and China and Mexico were the countries that benefited most from sending goods to America. Canada? Not so much.
The US trade gap swelled last year to its second-largest on record, government data showed Wednesday, as deficits come under ...
The US trade gap swelled last year to nearly $920 billion, according to government data released Wednesday, as deficits come ...
Along with $2 trillion in U.S. exports and $3 trillion in imports, the U.S. trade deficit with the world topped $1 trillion for the third time in four years.
China chose swift retaliation for trade measures in the first Trump administration, but that led to an upward spiral of trade ...
The U.S. tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...
The tariffs have also provoked political tension, including retaliation from China, which responded to Trump's move with ...
China’s trade surplus hit a record high in 2024, a symbolically potent $1 trillion. The optics of that rounded-up figure—the ...
President Donald Trump says Americans could feel "some pain" from the emerging trade war triggered by his tariffs against ...
Look at those numbers and you see that the trade deficit has ballooned ... might accelerate in the coming years. Look at the number of cars flowing from China to Mexico in recent years and it's ...