The U.S. current account deficit contracted in the fourth quarter, but the improvement could be temporary as goods imports ...
Photo: Kevin Lamarque/Reuters/Amanda R. Gray/U.S. Navy The Commerce Department reported a record $918.4 billion U.S. trade deficit in 2024. President Trump believes a trade deficit is harmful to ...
The U.S. international trade deficit widened 34% in January to $131.4 billion, the Commerce Department said Thursday. It’s the widest deficit going back to the start of the series in 1992.
There is one framework for understanding Donald Trump’s economic agenda. Its aim is to reset the global financial and trading ...
The value of the dollar is set on the foreign-exchange market, where the daily trading volume ... surplus in its capital account balance, it must have a corresponding deficit in its trade balance.
Imports had earlier gone above $5 billion for two consecutive months, which caused a current account deficit in January. The government could not sustain this trend as its continuation may have ...
The numbers: The U.S. trade deficit in goods exploded to a record high in January as businesses raced to acquire foreign goods ahead of new tariffs. The trade gap widened by 25.6% to a record $153 ...
TOKYO (Reuters) - Japan recorded a current account deficit in January for the first time in two years as a weak yen inflated the cost of imports, finance ministry data showed on Monday.
When the U.S. current account flipped from a small surplus in 1981 to a deficit in 1987 equal to 3.3 percent of the nation’s gross domestic product, it wasn’t because our trading partners ...