WASHINGTON (Reuters) -The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial supplies and consumer goods in anticipation of broad ...

At $773 billion, the total trade deficit was the least horrible since 2020, due to an improvement in the huge goods trade deficit and a jump to a record in the services trade surplus. By 2022, most of ...

With his two dozen letters to U.S. trading partners last week, President Donald Trump promised elevated tariffs on Aug. 1 to tackle an issue he's raised for decades - trade deficits. The letters to ...

The numbers: 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 - assuring a weak GDP report ...

WASHINGTON, Jan 16 (Reuters) - Donald Trump came to Washington eight years ago vowing to rewrite U.S. trade relationships, shrink a massive goods trade deficit and rebuild America's industrial base ...

WASHINGTON - The U.S. trade deficit in goods jumped to a record high in March, suggesting trade was a drag on economic growth in the first quarter, but that was likely offset by robust domestic demand ...

A key barometer of global goods trade compiled by the World Trade Organization (WTO) ticked up slightly in January from December last year, and looked set for more growth in the first months of 2025.

The European Union is the world’s largest trade bloc in terms of goods and services combined, accounting in 2024 for an estimated 15.8% of world trade. The EU is the world’s top trader of services and ...

The numbers: The U.S. trade deficit in goods jumped 15% in September to 2½-year high, a much larger increase than expected that could shave some growth off gross domestic product in the third quarter.