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Nov. Trade Deficit Grows
The $78 billion trade deficit may look big. But compared to what?
The trade gap signals strong demand for imports, which can be a good sign for the economy. Also, it's been fairly stable relative to GDP.
US trade deficit widens in November
The U.S. trade deficit widened in November, likely as businesses worried about President-elect Donald Trump's threats to raise tariffs on foreign goods front-loaded imports, more than offseting a surge in exports to a record high.
US Trade Deficit Widens on Largest Jump in Imports Since 2022
The US trade deficit widened in November, reflecting the biggest jump in imports since March 2022 as companies accelerated shipments ahead of a possible dockworkers’ strike and in anticipation of potential tariffs by the Trump administration.
November's 'unusual' gold import that pushed up trade deficit revised lower by 34% to $9.84 billion
The surge in gold import that widened India’s trade deficit to a record in November and pushed Rupee to an all-time low was reportedly due to an error in calculation.
Canada's Overall Trade Deficit Narrows, Surplus With US Widens
Canada posted a ninth consecutive trade deficit in November, narrowing to Can$323 million (US$225 million), the government statistical agency said Tuesday.
Canada Goods-Trade Deficit Narrows to C$323 Million in November
Canada’s long-running trade surplus with its closest neighbor widened late last year as exports again increased, helping narrow the country’s global deficit for a third straight month.
Latvia Trade Gap Narrows In November
Latvia's foreign trade deficit decreased in November from a year ago, as imports fell much faster than exports, preliminary data from
November Trade Deficit Grows as Imports Jump
The US trade deficit widened in November as imports growth outpaced that of exports, government data showed Tuesday. The goods and services deficit grew by 6.2% month over month to about $78.19 billion,
Economists Assail Trump’s Canada Trade Claims
‘What Are You Complaining About?’: Economists Assail Trump’s Canada Trade Claims
President-elect Donald Trump has justified his threat of 25% tariffs on Canada by pointing to the US trade deficit. Top Canadian economists have a response to that: it’s all because your country wants cheap oil.
Canada Suddenly Has No Leader, and No Plan, for a Trump Trade Fight
The united front that Canada presented in President-elect Donald Trump’s first term is fractured and distracted after Prime Minister Justin Trudeau’s resignation.
Trump says he would use "economic force" to acquire Canada, but does not specify how
One day after Congress certified the 2024 election, and less than two weeks from his inauguration, President-elect Donald Trump addressed reporters on Tuesday in a wide-ranging 75-minute news conference at Mar-a-Lago.
2d
on MSN
Trump and his tariffs are set to collide with a widening U.S. trade deficit. There’s no quick fix.
The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that’s almost ...
1d
US trade deficit with Vietnam soars beyond $110 billion, as weak dong boosts exports
The U.S. trade deficit with Vietnam exceeded $110 billion in the first 11 months of 2024, latest U.S. figures show, as ...
Marketplace
13d
Rising trade deficit for goods isn’t a cause for worry, experts say
U.S. exports of services redress the balance, along with foreign institutions that invest in the American stock market and ...
devdiscourse
5d
India's Current Account Deficit Set to Rise Amid Global Trade Challenges
India's current account deficit is projected to stay high due to global trade policies and sluggish exports, despite fiscal ...
2d
on MSN
Canada posts nine straight months of trade deficit, surplus with US widens
Canada recorded a ninth consecutive monthly trade deficit in November, albeit smaller than expected, as exports rose faster ...
5d
‘That is Maganomics’: where Trump is taking America on trade
Maverick economist turned presidential adviser Peter Navarro has helped bring back a world in which power takes precedence ...
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