trade deficit

Government, Business, Logistics

US Trade Deficit Surges in July to Highest in 12 Years

The trade deficit is now the highest its been in more than a decade. Cranes take containers off a Yang Ming Marine Transport ship at the Port of Tacoma in Washington. (Ted S. Warren/Associated Press)

The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount.

Martin Crutsinger | Associated Press
September 3, 2020
Government, Business, Logistics

Trade Gap Narrows as Autos Spur Record Exports Increase

Gantry cranes stand above the Port of Los Angeles. Gantry cranes stand above the Port of Los Angeles. (Patrick T. Fallon/Bloomberg News)

The deficit in U.S. trade of goods and services narrowed in June for the first time since February as exports jumped, though shipments remained well below pre-pandemic levels.

August 5, 2020
Government, Business

US Trade Deficit Drops for First Time in Six Years

Cargo cranes remove containers from a Yang Ming Marine Transport Corp. boat at the Port of Tacoma in November 2019. Cranes remove containers from a cargo ship at the Port of Tacoma in November 2019. (Ted S. Warren/Associated Press)

The U.S. trade deficit fell 1.7% last year to $616.8 billion as President Donald Trump hammered China with import taxes.

Paul Wiseman | Associated Press
February 5, 2020
Government, Business

Trade Deficit Falls 8.2% to $43.1 Billion in November

Cargo ship at the Port of Los Angeles Cargo ship at the Port of Los Angeles by Marcio Jose Sanchez/AP

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.

Martin Crutsinger | Associated Press
January 7, 2020
Government, Business

US Trade Deficit Falls to $52.5 Billion in September

US Trade defecit Workers stand in front of coils of steel wire at a depot on the outskirts of Shanghai. (Qilai Shen/Bloomberg News)

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.

Martin Crutsinger | Associated Press
November 5, 2019
Government, Business

US Goods-Trade Deficit Narrowed to Three-Month Low

Trucks drive over border Patrick T. Fallon/Bloomberg News

The U.S. merchandise-trade deficit unexpectedly narrowed in July to a three-month low as exports picked up and imports declined.

Reade Pickert | Bloomberg News
August 29, 2019
Government, Business

US Trade Deficit Rises to Five-Month High of $55.5 Billion in May

ship at port Cargo ship at the Port of Los Angeles by Marcio Jose Sanchez/AP

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.

Paul Wiseman | Associated Press
July 3, 2019
Business

Goods-Trade Deficit Widens as Levies Rise on Chinese Items

Goods-Trade Deficit TT File Photo

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.

Ryan Haar | Bloomberg News
June 26, 2019
Government, Business, Logistics

Goods-Trade Gap Widens to $71.4 Billion on Import Increase

Trade Qilai Shen/Bloomberg News

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.

Katia Dmitrieva | Bloomberg News
May 3, 2019
Government, Business

Trade Gap Narrows to Eight-Month Low on Plane Exports

Trade Getty Images

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, 2019

Pages