U.S. Trade Deficit Hit Record in 2024 as Imports Surged
Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to a record $4.1 trillion, as Americans bought large amounts of auto parts, weight-loss drugs, computers and food from other countries.
Along with $2 trillion in U.S. exports and $3 trillion in imports, the U.S. trade deficit with the world topped $1 trillion ...
President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.
Tariffs have made headlines in recent days with higher duties in the works for Mexico, Canada and China. How does Arizona fit ...
Trump's tariffs on Canada, Mexico and China suggest he is willing to risk a global trade war. The main thing that could stop ...
The state planned trade missions to Mexico and Canada months ago. Is the current environment a problem — or an opportunity?
In today’s interconnected world, global trade plays a crucial role in driving national development and economic prosperity.
Singapore's Linklogis International appoints new leaders to enhance trade financing solutions for India, USA, and UK ...
Canada saw its first trade surplus in ten months in December as exports continued to expand faster than imports, led by ...
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