Trade deficit soars to record high

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 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 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.
Trump’s trade tactics have a timing problem
The annual winter address to Congress is usually a U.S. president’s chance to urge legislators to pass his agenda. Donald ...
Trade Wars Come With A Price, And Investors May Already Paying It
McKinley's tariff triggered retaliation from other nations. Prices rose, particularly for middle- and lower-income Americans, ...
The Manila Times on MSN5d
Trade deficit widens
THE country's merchandise trade deficit widened in January from a year earlier amid a recovery for both imports and exports, ...
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 ...
Weak Dollar
Plus: Columbia's Hamas apologists, Musk's lawsuit against OpenAI, and more ...
Vietnam posts rare trade deficit in February; concerns about U.S. tariffs remain
Vietnam posted a rare monthly trade deficit in February as imports surged during the month, government data showed on ...
Could Gold Explain a Huge Jump in the Trade Deficit?
Last week ended with a bit of a shock for economists: an estimate of a huge U.S. January trade imbalance, driven by ...
Chaotic Rollout of Trump’s Tariffs Roil Markets While Layoff Announcements Surge
The president’s mercurial approach to his import tariffs has left business and consumers unsure about the economy.