trade deficit News Updates

Government, Business

US Trade Deficit Surges to a Record Ahead of Trump Tariffs

The U.S. trade deficit widened to a record in January as companies scrambled to secure goods from overseas before President Donald Trump imposed tariffs on the largest U.S. trading partners.

March 6, 2025
Government, Business

Trade Gap Narrows to Smallest in Five Months

The U.S. trade deficit narrowed in August to the smallest in five months, helped by a larger services surplus and a pickup in merchandise exports.

October 8, 2024
Government, Business

US Trade Deficit Widens to $78.8 Billion

The U.S. trade deficit widened to a two-year high in July, fueled by a surge in imports of goods and stepped-up efforts to ensure adequate supply ahead of a potential dockworkers strike.

September 4, 2024
Government, Business

US Trade Deficit Widens to Largest Since 2022

The U.S. trade deficit widened in May to the largest since 2022 as a decline in exports of merchandise exceeded a drop in imports.

July 3, 2024
Government, Business

US Trade Deficit Widened by Less than Expected in July

The U.S. trade deficit widened in July by less than forecast, reflecting an increase in exports of cars and services.

September 6, 2023
Government, Business

Imports Surge Led to Record Trade Gap in 2022

The U.S. trade deficit widened to a record last year on a surge in imports as American companies scrambled early on to ensure they had enough merchandise on hand to meet demand.

February 7, 2023
Government, Business

Trade Deficit Widens on Greater Imports, Drop in Exports

The U.S. trade deficit widened for a second month in October, as the value of imports increased and exports declined, which may weigh on economic growth in the fourth quarter.

December 6, 2022
Government, Business

Trade Gap in Goods, Services Narrows for a Fourth Month

The U.S. trade deficit shrank for a fourth straight month in July, reflecting a decline in the value of imports and a slight pickup in exports that are seen helping provide a lift to third-quarter economic growth.

September 7, 2022
Government, Business

Trade Gap in Goods, Services Narrows to Smallest This Year

The U.S. trade deficit shrunk in May to the lowest level of the year, reflecting a pickup in exports of goods and services.

July 7, 2022
Government, Business, Logistics

Trade Deficit Narrows Most on Record on Muted China Imports

The U.S. trade deficit shrunk in April by the most on record in dollar terms, reflecting a drop in the value of imports amid COVID lockdowns in China while exports climbed.

June 7, 2022