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.

Analysts have said that the tariff war between the United States of America and China would have a spillover effect on the Nigerian economy, resulting in the worsening of the trade deficit between ...

US imports hit their highest on record in December as businesses responded to the threat of tariffs made by President Donald ...

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

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 ...

Jamieson Greer, President Donald Trump’s choice to be the top U.S. trade negotiator, promised to pursue the president’s ...