WASHINGTON — The U.S. trade deficit widened sharply in December amid a surge in imports, and the goods shortfall in 2025 was the highest on record despite President Donald Trump’s tariffs on foreign ...
AI-related imports across the computing and electronics sector have led to a big increase in the U.S. trade deficit, hitting a record $1.2 trillion in 2025, despite efforts from the Trump ...
Services imports increased $0.3 billion to $75.8 billion, lifted by other business services, telecommunications, computer and information services. Travel imports edged up, but imports of transport ...
[Stay on top of transportation news: Get TTNews in your inbox.] The U.S. trade deficit shrank in August as imports declined by the most in four months, official data showed Nov. 19 after a lengthy ...
U.S. trade deficit narrowed 39% to $29.4 billion in October Imports fell sharply, led by declines in consumer and industrial goods Exports rose to a record high, boosted by precious metals Trade could ...
The U.S. ice cream trade surplus largely diminished in 2021 under former President Joe Biden and turned to a deficit in 2022. The change was driven mostly by a jump in imports, primarily from Italy.
Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal finance, telecommunications, Congress, government regulations, and criminal justice ...
This paper develops a methodology to assess the impact of a trade diversification strategy on aggregate import costs. Using granular bilateral import data for The Bahamas, we estimate that ...
WASHINGTON — President Donald Trump and European Union leaders announced a trade framework over the weekend, just days ahead of Trump’s self-imposed Friday deadline to increase import taxes and his ...
Mario Cordero, CEO of the Port of Long Beach, the nation's second-busiest port after Los Angeles, says the record year in freight container volume triggered by President Trump's tariffs has given way ...