The U.S. ended 2024 with the second-largest trade deficit on record — and China and Mexico were the countries that benefited ...

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

President Donald Trump has made reducing the trade deficit a central part of his "American First Trade Policy." Here's what ...

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

While the country’s trade deficit has been widening for years, that gap could end up being a key reason Mr. Trump decides to impose tariffs on Europe, China, Canada, Mexico and other governments.

The US trade gap swelled last year to its second-largest on record, government data showed Wednesday, as deficits come under ...

Jamieson Greer, President Donald Trump's nominee for U.S. trade representative, said on Thursday that a universal tariff ...

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 ...

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 ...

The annual report takes on increased significance this year because of Trump’s ... The report showed the U.S. trade deficit with China increased to $295 billion in 2024, but remained well ...