Trump, trade deficit

U.S. trade deficit in goods hits record high just before Trump took office. It won’t be easy to reduce them.
The U.S. posted a record trade deficit in goods in 2024, spotlighting what is likely to be a constant eyesore under the second administration of President Trump, which is encouraging more domestic production.
What next for U.S.-EU trade ties after Trump's complaints about deficit?
U.S. President Donald Trump has promised to address a longstanding trade deficit with the European Union, saying he will reverse that by imposing tariffs or making the EU buy more U.S. oil and gas.
Trade deficit widened to $54.2b in 2024
The Philippines’ trade deficit with the rest of the world widened to $54.2 billion in 2024 from $52.6 billion in 2023 because of the shrinking exports,
Japan’s exports hit record high, but trade deficit continues
TOKYO (AP) — Japan saw record-high exports last year, as its annual trade deficit declined 44% from the previous year, the Finance Ministry reported Thursday.
US Merchandise-Trade Deficit Widens to Record Ahead of Trump
The US merchandise-trade deficit widened in December to a record as the value of imports increased, highlighting a key issue that President Donald Trump aims to rectify in his second term.
US goods trade deficit widens sharply in December on imports
The U.S. trade deficit in goods widened sharply in December, likely as businesses front-loaded imports in anticipation of broad tariffs from President Donald Trump's new administration. The goods trade gap increased 18.
Record US goods trade deficit seen cutting into fourth-quarter GDP growth
The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial ...
U.S. Trade Deficit Soars As Buyers Race To Beat Trump's Tariffs
Trump has promised to enact strict tariffs on major trading partners, and economists said businesses are likely trying to get ahead of any potential effects.
U.S. Trade Deficit Jumps in December As Businesses Stockpile Goods
The U.S. trade deficit in goods grew 18% to $122.1 billion in December, according to advance data from the Census Bureau, up $18.6 billion from November. The increase was driven by a surge in ...
Fact check: Trump makes false claims about trade with Canada and Europe in remarks to Davos
President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday ...
Trump’s new trade war may prove far more disruptive than his first
President Donald Trump’s ambitions for a reordering of world commerce are broader. The opposition — at home and abroad — is ...
It’s ‘Too Close To Call’ When Predicting Total Trade, Export, Imports Records For 2024
Just weeks into the second term of President Trump, amid a flurry of tariff threats and free trade agreement reappraisals, ...
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With tariffs and trade in the spotlight, what Trump means when he says America is ‘losing’ billions to Canada, others
The lion’s share of the $200 billion was attributed to US defense spending of which Canada directly benefits, and the remainder is from the trade deficit, a Trump-Vance transition official told CNN.
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Trump Tariffs Will Not Tame China’s Trade Surplus
Correcting the major imbalances in the global economy will require collaborative international action. If he wants results, ...
Trade Gap Widens to $122.1B; Fed Faces Inflation Risks as Trump Tariff Threats Heat Up
The U.S. trade deficit surged to $122.1B in December. With Trump eyeing new tariffs, markets brace for inflation risks and ...