UmairU.S. Trade Deficit Hit Record in 2024 as Imports Surged
The U.S. trade deficit in goods hit a record $1.2 trillion last year, as American consumers snapped up imported products and a strong U.S. dollar weighed on export growth. Data…
Trump Prepares to Take On the US Trade Deficit, a Familiar Nemesis
To President Trump, one economic number represents everything that is wrong with the global economy: America’s trade deficit. That deficit is the total value of what the United States imports…
