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US trade deficit hits record that will be a Trump target
President Donald Trump's mission to close the U.S. trade deficit met a greater challenge as America's trade deficit in goods soared to a record $1.2 trillion in 2024.
US Trade Deficit Widens Significantly Ahead of Trump Tariffs
The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.
Trump's China tariffs could drive up these prices
Smartphones, sneakers and board games headline a wide-ranging set of products at risk of price increases as a result of China tariffs imposed by the Trump administration, experts told ABC News. The tariffs,
China Retaliates Against Trump’s Tariffs With New Levies on U.S.
China announced retaliatory tariffs on certain American goods in response to President Trump’s latest levy on Chinese goods. Trump went ahead with an additional 10% tariff on China after delaying levies on Mexico and Canada.
FirstFT: China hits back against Trump’s tariffs
Also in today’s newsletter, Microsoft poaches DeepMind staff behind AI podcasting feature, and FBI agents sue Trump administration
7h
on MSN
Mark Cuban delivers a shocking take on Donald Trump's trade war
Mark Cuban has some blunt words for Trump on his tariffs. Since Trump returned to the White House on January 20, many people ...
2d
Trump’s Trade War Threatens The Global Economy And Markets
Trump's tariffs on Canada, Mexico and China suggest he is willing to risk a global trade war. The main thing that could stop ...
1d
Where Trump’s Trade Fight Could Go Next
New tariffs on Chinese imports are on, even as Canada and Mexico won a reprieve. Could the European Union be next? And how is ...
1d
on MSN
In the face of a trade war with America’s neighbors, Trump blinked
Punishing 25% levies on imports from America’s closest neighbors were due to come into force at 12:01 a.m. ET Tuesday, but ...
1d
on MSN
Trump's trade war with neighbours is delayed - what did they all get out of it?
BBC reporters in the US, Canada and Mexico assess the fallout after Trump gets border promises in return for a 30-day pause ...
13h
Ag industry leaders say Trump policy changes on trade, immigration could hurt farmers
What did farm economists have to say on new policy impacts during University of Wisconsin-Madison’s Wisconsin Agricultural ...
11h
U.S. Postal Service Halts Parcel Service From China as Trump’s Trade Curbs Begin
The U.S. has been importing about three million parcels a day with little customs inspection, raising concerns about the ease ...
1d
on MSN
Trump’s Tariffs Usher In New Trade Wars. The Ultimate Goal Remains Unclear.
The president’s trade assault, which makes no distinction between ally and adversary, is an assertion of U.S. dominance with ...
9h
on MSN
US Trade Gap Ballooned Ahead of Trump Term, Tariff Promises
The US trade deficit widened sharply at the end of 2024 on a surge in imports prior to the start of Donald Trump’s second ...
1d
Trump to speak with China's Xi on Tuesday, trade adviser Navarro says
U.S. President Donald Trump will speak with Chinese President Xi Jinping on Tuesday, his top trade adviser Peter Navarro told ...
1d
The Stock Market Is Barely Keeping Up With Trump’s 48-Hour Trade War
China, which Trump announced will get hit with a 10 percent tariff starting Tuesday, will reportedly have a call with the ...
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