President Donald Trump cites trade deficits as a justification for tariffs, but what does he mean? A trade deficit is the ...
The U.S. imported $918 billion more goods and services in 2024 than it imported, a 59% increase since 2019 when the trade ...
Plus: Americans aren’t taken advantage of by buying foreign cars.
Trump has pointed to America’s trade deficits as he argues that virtually all trading partners are “taking advantage” of the ...
The current account deficit widened $228.2 billion, or 25.2%, to a record $1.13 trillion in 2024. It represented 3.9% of GDP, the highest since 2022 and up from 3.3% in 2023.
The U.S. ran a smaller trade deficit in goods in February, as exports increased and imports fell. The goods trade deficit fell by 4.9% to $147.9 billion last month, down from $155.6 billion a month ...
There is one framework for understanding Donald Trump’s economic agenda. Its aim is to reset the global financial and trading ...
India’s current account deficit (CAD) inched up to USD 11.5 billion, or 1.1 per cent of GDP, in the December quarter from USD 10.4 billion (1.1 per cent of GDP) in the year-ago period ...
The US merchandise-trade deficit narrowed in February for the first time in four months on stronger exports, though high imports still pointed to companies trying to get ahead of tariffs. The ...
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India's current account deficit widened less than expected in the October-December quarter, largely due to a buoyancy in ...
Merchandise trade deficit increased to $79.2 billion in Q3FY25 from $71.6 billion in the year-ago period. | Photo Credit: Getty Images/iStockphoto India’s current account deficit (CAD ...
WASHINGTON (Reuters) -The U.S. current account deficit contracted in the fourth quarter, but the improvement could be temporary as goods imports surged to a record high in January, driven by ...
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