News

US goods trade deficit widens

The goods-trade deficit with China shrank to $24.8 billion, on a seasonally adjusted basis. On an inflation-adjusted basis, the total US merchandise trade deficit widened to a record $150.9 ...
The US merchandise-trade deficit unexpectedly widened in May on the biggest drop in exports since the onset of the pandemic, while imports were little changed. The shortfall in goods trade ...
The goods trade gap widened 11.1% to $96.6 billion last month, the Commerce Department's Census Bureau said on Thursday. Exports of goods dropped $9.7 billion to $179.2 billion. Goods imports were ...
President Donald Trump says chronic U.S. trade deficits are a national emergency. His tax bill will make them worse. The ...
The U.S. current-account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, widened by $138.2 ...
Tariff negotiations with the Trump administration are running into roadblocks, as partners including Japan, India and the ...
CNBC Economics Editor Jeff Cox discusses the market’s reaction to President Trump’s announcement of a potential trade deal ...