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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 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.
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.
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.
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
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.
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.
Canadians, Tell Us Your Thoughts On Donald Trump Threatening To Use "Economic Force" To Make Canada Join The US
President-elect Donald Trump is making headlines days before his inauguration for threatening to use "economic force" to push Canada to merge with the United States under his next administration. So,
Canadians Are Reacting To Trump Threatening To Force Canada To Join The US, And Almost Everyone Thinks It Would Be A Disaster
With all this back and forth, we decided to ask real-life Canadians in the BuzzFeed Community to share their reactions to Trump's statements and if they'd support Canada joining t
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 ...
16h
Why is US unlikely to shrink trade deficit and maintain dollar’s exorbitant privilege in 2025? |Global Arena
It is unlikely that both US objectives — shrinking trade deficit and maintaining the exorbitant privilege of dollar — will be satisfied at once in 2025, or in the next four years: Former Greek Finance ...
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 ...
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 ...
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