imports surge News

US Goods Trade Deficit Surges to $162B in March, Marking a Significant Monthly Increase

The US goods trade deficit expanded to $162 billion in March, up $14.1 billion from February. Exports rose slightly to $180.8 billion, while imports surged to $342.7 billion. Whole...

US Trade Deficit Hits Record High in January, Surpassing Expectations

The US trade deficit reached a record $131.4 billion in January, the highest since May 2022, due to a significant increase in imports. Exports also rose, but not enough to offset t...

US Trade Deficit Widens to $78.2 Billion in November, Surpassing Expectations

The US trade deficit increased to $78.2 billion in November, up $4.6 billion from the previous month, with exports and imports both seeing significant growth. This marks a 13.0% in...