The US trade deficit unexpectedly narrowed in October to the smallest since 2009 on a sharp pullback in imports, notably pharmaceuticals.
China's overall exports jumped 5.8% in June in U.S. dollar terms from a year earlier. Imports grew 1.1% from a year earlier, rising the first time this year. Its exports to the U.S. plunged 16.1%, ...
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.
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 ...
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 ...
WASHINGTON (Reuters) -The U.S. trade deficit narrowed more than expected in August as businesses imported fewer goods against the backdrop of higher tariffs, a trend that if sustained could be a ...
WASHINGTON — The U.S. trade deficit contracted sharply in October, hitting the lowest level since mid-2009 as imports declined, a trend that if sustained could see trade again adding to economic ...
If you bought a nice, imported bottle of wine recently, there’s a better than 90% chance it entered the United States only after the importer paid a tariff, probably about 15%. That six-pack of ...
The U.S. trade deficit with the world will set a record in 2025, which will be the fourth record in Trump’s five years in office, according to my analysis of U.S. Census Bureau data. It will surpass ...