trade deficit News Updates

GovernmentBusiness

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
GovernmentBusiness

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
GovernmentBusiness

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
GovernmentBusiness

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
GovernmentBusiness

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
GovernmentBusiness

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
GovernmentBusiness

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
GovernmentBusinessLogistics

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
GovernmentBusinessLogistics

US Trade Deficit Widens as Imports Surge to a Record

The U.S. trade deficit widened in November, reflecting a surge in the value of imports as domestic retailers made a final push to stock shelves for holiday shoppers and demand for foreign oil increased.

January 6, 2022
GovernmentBusiness

Trade Deficit Narrows in October as Exports Rebound

WASHINGTON — The U.S. trade deficit narrowed to $67.1 billion in October, the lowest in six months, after hitting a record high in September.

December 7, 2021