U.S. Had Biggest Trade Deficits With These 10 Nations In 2024
The 2024 deficit was a record $1.2 trillion, marking the fourth consecutive trade deficit above $1 trillion and the sixth ...
U.S. ran the biggest trade deficits with China and Mexico in 2024. What about Canada?
The U.S. ended 2024 with the second-largest trade deficit on record — and China and Mexico were the countries that benefited ...
Trump wants to reduce the trade deficit. Here's why that matters.
President Donald Trump has made reducing the trade deficit a central part of his "American First Trade Policy." Here's what ...
2024 Trade Tops $5 Trillion, Exports Top $2 Trillion, Imports Above $3 Trillion
Along with $2 trillion in U.S. exports and $3 trillion in imports, the U.S. trade deficit with the world topped $1 trillion ...
U.S. Trade Deficit Hit Record in 2024 as Imports Surged
Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to ...
Global Finance10d
China Trade Surplus Surges To A Record
China’s trade surplus hit a record high in 2024, a symbolically potent $1 trillion. The optics of that rounded-up figure—the ...
U.S.-Canada trade deficit is highest in 20 years. Does it justify tariffs?
"So this is not a new concept." The U.S. trade deficit with China in 2023 — US$279.4 billion, according to the U.S.
Trump's trade chief nominee Greer says universal tariff needs more study
Jamieson Greer, President Donald Trump's nominee for U.S. trade representative, said on Thursday that a universal tariff ...
Morningstar5d
China and Mexico ran the biggest trade deficits with the U.S. in 2024. What about Canada?
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 ...