Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to ...

The 2024 deficit was a record $1.2 trillion, marking the fourth consecutive trade deficit above $1 trillion and the sixth ...

The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.

The Commerce Department report also showed the United States ran record bilateral trade deficits with Mexico, Vietnam, India, Taiwan, South Korea and the 27-nation European Union.

WASHINGTON (Reuters) -The U.S. trade deficit in goods ... which has been a drag on GDP for three straight quarters, could subtract as much as a full percentage point from growth in the October ...

Trump's tariffs on Canada, Mexico and China suggest he is willing to risk a global trade war. The main thing that could stop ...

The US trade deficit significantly expanded in December, as imports reached an all-time high amid looming tariff threats. As ...

The Reserve Bank's tough decision of a 25-basis points rate cut tilts towards stimulating consumption over currency stability ...

Indian Prime Minister Narendra Modi may seek to arrest slowing economic growth in the world’s fifth-largest economy and ...

A wider trade deficit as a result of an influx of imports is usually offset by a rise in inventories in the calculation of GDP. Trade and ... rate was hiked by 5.25 percentage points in 2022 ...