Trade Deficit Surged

US Trade Deficit Surged to a Record Ahead of Trump Tariffs
The US trade deficit widened to a record in January as companies scrambled to secure goods from overseas before President Donald Trump imposed tariffs on America’s largest trading partners.
Trade Deficit Surged in January
The U.S. trade deficit surged in January, as import growth dwarfed a smaller increase in exports. Imports rose 10% to $401.2 billion, while exports climbed by 1.2% to $269.8 billion. That yielded a total deficit - of both goods and services -- of $131.
Trade deficit balloons to record high in January as companies scramble to import goods to avoid tariffs
The U.S. international trade deficit widened 34% in January to $131.4 billion, the Commerce Department said Thursday. It’s the widest deficit going back to the start of the series in 1992. Economists surveyed by The Wall Street Journal had predicted the deficit would widen to a seasonally adjusted $128.7 billion.
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U.S. Trade Deficit Grew 34% in January
Imports rose to $401.2 billion while exports climbed to $269.8 billion, yielding a deficit of $131.4 billion, greater than the $98.1 billion deficit of December.
U.S. trade deficit in goods balloons to record high as businesses race to avoid tariffs
The trade sector seems set to be a drag on headline GDP growth in the first quarter, but it is hard to estimate how much.
US goods trade deficit widens sharply in January
The U.S. trade deficit in goods widened sharply in January, most likely as businesses front-loaded imports ahead of tariffs, potentially positioning trade to be a drag on economic growth in the first quarter.
One Goal of Trump’s Tariffs: To Bring Down the Trade Deficit
One of Trump’s stated goals in using tariffs is to balance out U.S. trade with other countries. The country has historically run a trade deficit, meaning it imports more goods and services than it sells.
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The US trade deficit surged to a new record in January, government data showed Thursday, as imports spiked while tariff worries flared in the month of President Donald Trump's inauguration. In January,
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