Businesses continue to import record level of goods ahead of wide ranging tariffs The trade deficit remained at record levels in February and is likely […]
International Trade
Trade deficit in goods reaches record high in 2024 as businesses braced for tariffs under Trump
The U.S. trade deficit in goods reached a record high in 2024, as manufacturers rushed to import goods in December ahead of possible tariffs in […]
What to Expect in February’s U.S. Trade Report
The U.S. trade deficit in February is expected to be in the same range as January, and that continuation could predict U.S. consumers will continue […]
Politicians Could Flatten Electric Vehicle Trade This Time Around
Anshula Gupta is on his third electric vehicle. Two years ago, he decided to buy a Hyundai Kona EV because it offered the best bang […]
U.S. Trade Deficit Widens With Surging Imports
The U.S. trade deficit jumped in January thanks in large part to increased imports as consumers continue to spend. The shortfall in January hit $67.4 […]
U.S. Trade Deficit Shrinks Dramatically Last Year
The U.S. trade deficit plunged last year to its lowest level since 2019, reflecting both a healthy domestic economy and falling reliance on foreign countries […]
Widening trade deficit signals strengthening economy
The U.S. trade deficit widened in January as demand rose for imported consumer goods, a promising sign of economic recovery amid the COVID-19 pandemic.
As Coronavirus Spreads Globally, Some Manufacturers Thrive While Others Dive
SirCom, based in Temecula, California, needs parts out of Germany and China to manufacture its early warning systems. Some 70% of the products that were […]
US Manufacturing Takes Its Hardest Hit Since 2009
New orders and employment tumbled in March at the quickest speed since 2009, signaling a tough road ahead for U.S. manufacturers. March’s Institute for Supply […]
‘Phase 1’ of China trade deal causes fall in deficit
The U.S. international trade deficit fell by more than expected in January, due to the first phase of the trade deal signed by the President […]