The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled. Following a month where the trade deficit hit its lowest level since ...
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US trade deficit soared by $56.8B in November
Jan. 29 (UPI) --The nation's trade deficit rose by 94.6% in November after posting the lowest imbalance in years a month earlier, the U.S. Census Bureau reported Thursday. The trade deficit's sharp ...
The fall October’s deficit relative to September’s is entirely due to swings in pharmaceutical imports and gold imports (and exports). Ironically, neither category has been subject to tariffs. Fear of ...
The widely anticipated effects of President Donald Trump's tariff program are starting to emerge in the macroeconomic data. The latest Bureau of Labor Statistics report on import prices shows costs ...
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Through President Donald Trump’s first full 10 months in office, the cumulative U.S. trade deficit in goods and services was down 3.9% from the same period in 2024. His claim that he has “slashed our ...
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