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 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.
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 than imports, and its trade surplus with the United States widened, data showed on Tuesday.
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’s Trade Surplus With US Widens Before Trump’s Return
Canada’s trade surplus with the US widened as did its deficit with the rest of the world, underscoring the major role its biggest trading partner and southern neighbor plays in its economy.
Portugal Trade Deficit Widens In November
Portugal's trade gap increased in November from a year ago as exports fell amid an increase in imports, figures from Statistics
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.
Economists assail Trump’s Canada trade claims: ‘What are you complaining about?’
When stripping out oil and gas, the U.S. actually has a significant trade surplus with Canada — its biggest energy supplier.
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 ...
Trump Aims at a Lower Trade Deficit. He’s Likely to Miss, Again.
Plans for tariffs and tax cuts are likely to worsen the U.S. trade balance, Desmond Lachman writes in a guest commentary.
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 ...
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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 ...
Canadian exports rise in November, trade surplus with U.S. increases ahead of Trump inauguration
President-elect has pledged 25% tariffs on Canadian imports if border security issues aren’t addressed and complained about ...
Turkey to log $3.1 bln current account deficit in November: Reuters poll
Turkey's current account is expected to record a deficit of $3.1 billion in November, with the deficit forecast to narrow to $10.5 billion in 2024 as a whole, a Reuters poll showed on Thursday.
India Fixing Record Trade Deficit After Overstating Gold Imports
India’s government is still finalizing revisions to gold import figures and trade data after discovering discrepancies in their calculation last month, according to people familiar with the matter.