The overall trade gap plunged 39% to $29.4 billion in October, as imports fell by 3.2%, Department of Commerce figures show.
The US trade deficit unexpectedly narrowed in October to the smallest since 2009 on a sharp pullback in imports, notably ...
The U.S. ice cream trade surplus largely diminished in 2021 under former President Joe Biden and turned to a deficit in 2022. The change was driven mostly by a jump in imports, primarily from Italy.
Yes, U.S. trade is running at a record pace this year. Yes, that includes record exports. Yes, that includes record imports. Soon enough, we will see how much of that was stockpiling ahead of ...
WASHINGTON (Reuters) -The U.S. trade deficit narrowed more than expected in August as businesses imported fewer goods against the backdrop of higher tariffs, a trend that if sustained could be a ...
A group representing U.S. sheep producers is seeking federal intervention to stop cheap lamb imports from displacing domestic production of the meat. The American Sheep Industry Association hopes an ...
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Trump Tariffs Slash U.S. Imports, Trade Deficit
U.S. imports have sharply declined due to the impact of the "Trump tariffs" that were fully imposed starting last August. According to August trade statistics released by the U.S. Department of ...
If you bought a nice, imported bottle of wine recently, there’s a better than 90% chance it entered the United States only after the importer paid a tariff, probably about 15%. That six-pack of ...
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