U.S. Trade Deficit Jumps to Five-Month High
Trade tensions between the United States and China continue to spur volatility.
U.S. Trade Gap Jumps 12.5% to 10-Year High
President Trump's tariffs haven't closed the trade gap with China, which rose 11.6% to a record $419 billion in 2018.
Trade Deficit Jumps to $50 Billion in July
The 9.5% monthly increase in the nominal U.S. trade deficit was the largest in three years.
U.S. Trade Deficit Falls 15% to $49 Billion
Despite the March decline, the U.S. is still “on track to run another large trade gap in 2018 that exceeds the deficit in the prior year."
U.S. Trade Gap Rises 12.1% in 2017
The December deficit was the largest since 2008 as robust domestic demand pushed imports to a record high of $256.5 billion.
U.S. GDP Growth Falls Back to 2.6% for Q4
The economy fell short of a third straight quarter of growth of 3% or more, in part because of a 13.9% surge in imports.
ITC Backs Crackdown on Solar Panel Imports
The commission recommends tariffs as high as 35% on low-cost imports, siding with solar manufacturers against the installation industry.
Trade Deficit Rises 9.6% to Near 5-Year High
"Team Trump really has their work cut out for them if they are going to stick with the campaign pledge to double growth."
Trade Gap Widens to Record $502B in 2016
The stronger dollar, larger federal budget deficits, and low national saving rates could force further widening in the trade deficit.
U.S. Trade Deficit Widens 5.3% in April
The trade gap was less than economists expected and, with exports improving, trade may contribute to GDP in the second quarter.