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Us Trade Deficit

US trade deficit widens for a third month in February to $70.5 Billion

The gap in goods and services trade grew 2.7% to $70.5 billion, the widest in four months, Commerce Department data showed Wednesday

US trade deficit widens for a third month in February to $70.5 Billion
Updated On : 05 Apr 2023 | 7:22 PM IST

US economy contracts 1.6% in first quarter amid record trade deficit

The US economy grew at a robust 6.9% pace in the fourth quarter

US economy contracts 1.6% in first quarter amid record trade deficit
Updated On : 30 Jun 2022 | 1:21 AM IST

US goods trade deficit hits record high; Q1 GDP growth estimates slashed

The goods trade deficit jumped 17.8% to an all-time high of $125.3 billion.

US goods trade deficit hits record high; Q1 GDP growth estimates slashed
Updated On : 27 Apr 2022 | 9:55 PM IST

US trade deficit narrows slightly to $70.1 billion in July

The US trade deficit narrowed slightly to $70.1 billion in July as economic recovery overseas helped boost American exports while imports declined

US trade deficit narrows slightly to $70.1 billion in July
Updated On : 02 Sep 2021 | 7:30 PM IST

US trade deficit jumps to record high in June on strong import growth

The Commerce Department said on Thursday that the trade gap increased 6.7% to $75.7 billion in June, an all-time high

US trade deficit jumps to record high in June on strong import growth
Updated On : 06 Aug 2021 | 1:42 AM IST

US trade deficit dips to $68.9 billion amid improving global economy

The improving economic situation overseas drove up demand for American goods while domestic demand for imports slowed.

US trade deficit dips to $68.9 billion amid improving global economy
Updated On : 08 Jun 2021 | 8:31 PM IST

United States trade deficit hits record $74.4 billion in March

This comes as an improving US economy drove purchases of imported foreign goods.

United States trade deficit hits record $74.4 billion in March
Updated On : 04 May 2021 | 8:22 PM IST

US trade deficit jumps 4.8% to record $71.1 billion in February

The US trade deficit grew to a record USD 71.1 billion in February as a decline in exports more than offset a slight dip in imports.

US trade deficit jumps 4.8% to record $71.1 billion in February
Updated On : 07 Apr 2021 | 7:44 PM IST

US trade deficit rises 1.9% in January amid Covid-19 pandemic

The pandemic continued to disrupt global commerce

US trade deficit rises 1.9% in January amid Covid-19 pandemic
Updated On : 05 Mar 2021 | 8:25 PM IST

US trade deficit jumps to 12-year high in 2020 amid Covid-19 pandemic

The Commerce Department said on Friday that the trade deficit jumped 17.7% to $678.7 billion last year, the highest since 2008

US trade deficit jumps to 12-year high in 2020 amid Covid-19 pandemic
Updated On : 05 Feb 2021 | 8:46 PM IST

US trade deficit jumps to $68.1 billion in November amid surge in imports

The US trade deficit jumped to USD 68.1 billion in November as a surge in imports overwhelmed a smaller increase in exports

US trade deficit jumps to $68.1 billion in November amid surge in imports
Updated On : 07 Jan 2021 | 8:36 PM IST

US trade deficit jumps to largest in 14 years in August as imports grow

The US trade deficit surged in August to the largest in 14 years with imports climbing again, suggesting that trade could be a drag on economic growth in the third quarter

US trade deficit jumps to largest in 14 years in August as imports grow
Updated On : 06 Oct 2020 | 7:59 PM IST

US trade deficit drops in June as exports rise at twice the rate of imports

Commerce Department said that the gap between the value of what the United States buys and what it sells abroad fell 7.5% to $50.7 billion in June from $54.8 billion in May

US trade deficit drops in June as exports rise at twice the rate of imports
Updated On : 05 Aug 2020 | 8:06 PM IST

US trade deficit fell to $616.8 billion in 2019, first time in six years

The narrowing of the US trade gap comes after a year when the deficit reached its highest level in a decade

US trade deficit fell to $616.8 billion in 2019, first time in six years
Updated On : 05 Feb 2020 | 10:08 PM IST

US trade deficit fell to $616.8 billion last year, first fall since 2013

As President Donald Trump's trade confrontations escalated in 2019, the total trade gap shrunk by nearly $10 billion as exports fell by 0.1 per cent

US trade deficit fell to $616.8 billion last year, first fall since 2013
Updated On : 05 Feb 2020 | 8:01 PM IST

US trade deficit falls to more than 3-year low as imports decline further

The Commerce Department said on Tuesday the trade deficit decreased 8.2% to $43.1 billion, the smallest since October 2016

US trade deficit falls to more than 3-year low as imports decline further
Updated On : 07 Jan 2020 | 8:01 PM IST

US trade deficit lowest in 1.5 years; weekly jobless claims at 7-month low

The Commerce Department said the trade deficit tumbled 7.6% to $47.2 billion, the smallest since May 2018, as both imports and exports of goods declined

US trade deficit lowest in 1.5 years; weekly jobless claims at 7-month low
Updated On : 05 Dec 2019 | 10:30 PM IST

US trade deficit surges to 10-year high in 2018 at $ 621 billion

America's trade deficit with the world jumped 12.5 per cent to USD 621 billion, the Commerce Department reported, as both imports and exports rose to the highest levels ever

US trade deficit surges to 10-year high in 2018 at $ 621 billion
Updated On : 06 Mar 2019 | 8:30 PM IST

Here's why Trump is silent on aggregate sales surplus of $1.4 trillion

Deutsche Bank calculates impact of US companies' sales

Here's why Trump is silent on aggregate sales surplus of $1.4 trillion
Updated On : 12 Jun 2018 | 9:17 AM IST

US trade deficit rises to near 9-1/2-year high; jobs market tightens

The politically sensitive goods trade deficit with China fell 18.6 percent to $29.3 billion. The deficit with Mexico surged 46.6 percent in February

US trade deficit rises to near 9-1/2-year high; jobs market tightens
Updated On : 05 Apr 2018 | 7:52 PM IST