US Trade Deficit Drops for First Time in Six Years
The U.S. trade deficit fell 1.7% last year to $616.8 billion as President Donald Trump hammered China with import taxes.
Trade Deficit Falls 8.2% to $43.1 Billion in November
WASHINGTON — The U.S. trade deficit fell in November to the lowest level in more than three years as U.S. exports rose while imports declined, putting the country on track to see the first annual decline in the trade deficit in six years.
US Trade Deficit Falls to $52.5 Billion in September
The U.S. trade deficit fell in September to the lowest level in five months as imports dropped more sharply than exports and America ran a rare surplus in petroleum.
US Goods-Trade Deficit Narrowed to Three-Month Low
The U.S. merchandise-trade deficit unexpectedly narrowed in July to a three-month low as exports picked up and imports declined.
US Trade Deficit Rises to Five-Month High of $55.5 Billion in May
WASHINGTON — The U.S. trade deficit rose to a five-month high in May as the politically sensitive imbalances with China and Mexico widened. The Commerce Department said July 3 that the gap between the goods and services the U.S. sells and what it buys from foreign countries rose 8.4% to $55.5 billion in May.
Goods-Trade Deficit Widens as Levies Rise on Chinese Items
The U.S. merchandise-trade deficit widened in May to a five-month high amid a surge in imports after President Donald Trump’s decision to increase levies on $200 billion of items from China.
Goods-Trade Gap Widens to $71.4 Billion on Import Increase
America’s merchandise trade deficit widened in March for the first time in three months as an increase in imports exceeded the rise in exports.
Trade Gap Narrows to Eight-Month Low on Plane Exports
The U.S. trade deficit unexpectedly narrowed to an eight-month low in February on a surge in civilian aircraft exports, which may come under pressure after the grounding of Boeing Co.’s 737 Max planes.
April 17, 2019Trade Gap of $621 Billion in 2018 Marked Highest in Decade
The U.S. trade deficit widened in 2018 to a 10-year high of $621 billion, bucking President Donald Trump’s pledges to reduce it, as tax cuts boosted domestic demand for imports while the strong dollar and retaliatory tariffs weighed on exports.
Trade Gap Narrows to Five-Month Low as Imports Plummet
The U.S. trade deficit narrowed in November by more than forecast to a five-month low, as imports tumbled by the most in more than two years amid an intensifying trade war.