trade deficit News Updates

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
GovernmentBusiness

Trade Deficit Hits Record $73.3 Billion in August

WASHINGTON — The U.S. trade deficit increased to a record $73.3 billion in August as a small gain in exports was swamped by a much larger increase in imports.

October 5, 2021
GovernmentBusiness

US Trade Deficit Narrows Slightly to $70.1 Billion in July

The U.S. trade deficit narrowed slightly to $70.1 billion in July as economic recovery overseas helped boost American exports while imports declined.

September 2, 2021
GovernmentBusiness

Trade Deficit Hits Record $75.7 Billion in June

WASHINGTON — The U.S. trade deficit increased to a record $75.7 billion in June as a rebounding American economy sent demand for imports surging.

August 5, 2021
GovernmentBusiness

US Trade Gap Widened to Record $74.4 Billion in March

The U.S. trade deficit widened to a record in March as the value of imports surged to a new high.

May 4, 2021
GovernmentBusiness

US Goods-Trade Deficit Widens to Fresh Record in March

The U.S. merchandise-trade deficit widened to a new record in March as the value of imports surged to a fresh high.

April 28, 2021
GovernmentBusiness

US Trade Deficit Rises 1.9% in January

SILVER SPRING, Md. — The U.S. trade deficit rose 1.9% in January as the coronavirus pandemic continued to disrupt global commerce.

March 5, 2021
GovernmentBusiness

Trade Deficit Rises to $679 Billion, the Highest Since 2008

WASHINGTON — The U.S. trade deficit rose 17.7% last year to $679 billion, highest since 2008, as the coronavirus disrupted global commerce and confounded President Donald Trump’s attempts to rebalance America’s trade with the rest of the world.

February 5, 2021
GovernmentBusiness

US Trade Deficit Rises 1.7% to $63.1 Billion in October

The U.S. trade deficit widened 1.7% in October to $63.1 billion. The politically sensitive gap in the trade of goods with China and Mexico grew.

December 4, 2020