Trade deficit soars to record high

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.
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.
US trade deficit hits record high in January on imports surge
The U.S. trade deficit widened to a record high in January amid front-loading of imports ahead of tariffs, suggesting that trade could be a drag on economic growth in the first quarter.
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.
US trade gap hits new record in January as tariff fears loomed
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. Trump returned to the White House this year with pledges to ease cost-of-living pressures for voters,
Tariff impact: US trade deficit soars to all-time high of $131.4bn amid import surge
The US trade deficit widened to an all-time high in January, driven by a surge in imports ahead of new tariffs. According to the Commerce Department’s Bureau of Economic Analysis (BEA), the trade gap expanded by 34.
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.
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Trade deficit widens 33% in February
The national data collecting agency reported that the gap between imports and exports widened 33.4% in February compared to ...
US trade deficit hits record high in January as imports surge
Imports soared the most since July 2020, with goods imports rising a record 12.3 per cent to an all-time high, as tariff ...
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