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trade deficit, Trump tariffs

U.S. trade deficit in goods soars to all-time high as businesses aimed to beat Trump tariffs

U.S. businesses brought in a new high of foreign goods in March for the fourth month in a row as they tried to beat price increases tied to the Trump tariffs — all but assuring a weak GDP report in the first quarter.

Reuters on MSN · 2d

The U.S. trade deficit in goods widened to a record high in March as businesses ramped up efforts to bring in merchandise ahead of President Donald Trump's sweeping tariffs, suggesting trade was a large drag on economic growth in the first quarter.

Bloomberg · 2d

Record US Goods-Trade Deficit Implies Weaker First-Quarter GDP

The US merchandise-trade deficit unexpectedly widened in March to a record as companies continued importing goods to get ahead of tariffs, indicating a large hit to the economy in the first quarter.

Trump Loses 1st Round of Trade War

Foreign Affairs · 1d

How China Armed Itself for the Trade War

The view that the Chinese leadership was desperate to negotiate a trade deal, to avoid economic pain that could destabilize Chinese society and threaten the Chinese Communist Party’s monopoly on power, is common among China hawks in the United States. This analysis is partly accurate, but it has led many to draw false conclusions.

The Wall Street Journal on MSN · 11d

Trump Is Waging War on the U.S. Trade Deficit—But Does It Need Fixing?

President Trump’s broad tariff rollout takes aim at the U.S. trade deficit, which he calls a “national emergency.” Here’s how the trade deficit works, how tariffs affect it—and why economists say it isn't necessarily bad for the economy.

Newsweek on MSN · 1d

Trump Loses First Round of Trade War as US Economy Shrinks, China's Grows

As President Trump sought to celebrate 100 days in office, he got a week focused on economic losses—while a rival showed unexpected strength.

6hon MSN

Spooked by Trade Wars, Trump Officials Hoard Supplies: ‘It Would Be Stupid Not To!’

Donald Trump’s aides and administration officials are hoarding toilet paper, food, and household supplies before his tariffs ...

Goods-Trade Deficit Hits Record, Suggesting Firms Stocked Up Before Tariffs

The U.S. trade deficit in goods grew 9.6% to $162 billion in March, according to advance data from the Census Bureau, up from $147.8 billion from February. Exports picked up in March from the prior ...

Anadolu Agency11h

Mexican president lauds call with Trump to lessen trade deficit

Trump launched a fierce economic policy to protect US industry since the start of his second term in January. Tariffs, a ...

Cfr.org8d

The U.S. Trade Deficit: How Much Does It Matter?

President Donald Trump has made reducing U.S. trade deficits, which have expanded significantly in recent decades, a priority of his administration. He and his advisors argue that renegotiating ...

11hon MSN

The EU is ‘making progress’ toward a €50 billion trade deal with the US, trade commissioner tells FT

Maroš Šefčovič, the European Union’s trade commissioner, said in an interview with the Financial Times Thursday that the bloc is making “certain progress” toward a trade deal with the United States, ...

2hon MSN

Nebraska Farm Bureau releases annual agricultural trade report

The Nebraska Farm Bureau released its annual agricultural trade report using data provided by the USDA from 2023, and it ...

Mexico News Daily9h

Sheinbaum and Trump agree to work on trade balance in Thursday phone call

President Sheinbaum said she had good conversation about trade with United States President Donald Trump after a Thursday ...

19h

The US runs a trade surplus on services, the core of the Mass. economy. Tariffs could change that.

The US sold $294 billion more than we bought in services such as Finance, travel, tech and education last year.

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