The deficit decrease is largely a response to last year, when trade and the deficit swelled in anticipation of President Trump’s April 2 “Liberation Day” tariffs.
The US trade deficit jumped 4.3% in March to $60.3 billion, the second straight monthly jump and a reading that reflects the first full month after the Supreme Court struck down President Trump’s ...
The value of stuff the U.S. imported (like passenger vehicles) rose, but so did the value of stuff it exported (like oil and ...
The trade court ruled 2-1 that Trump had unlawfully used Section 122 of the Trade Act to enact a new blanket duty on products entering the United States, finding that Trump failed to identify a ...
The United States is on track for a travel trade deficit of $70 billion, the US Travel Association said.Kevin Carter/Getty Images A stated goal of President Donald Trump's ambitious tariff policy was ...
The U.S. trade deficit unexpectedly narrowed in October to the smallest since 2009 on a sharp pullback in imports, notably pharmaceuticals. The goods and services trade gap shrank 39% from the prior ...