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As US Businesses Brace for Trump, Trade Deficit Sees Its Biggest Widening on Record

As US Businesses Brace for Trump, Trade Deficit Sees Its Biggest Widening on Record

by paige.oamek | Feb 9, 2025 | Featured, International Trade, Newest

The US trade deficit widened in December as businesses tried to get ahead of President Donald Trump’s threatened tariffs.  Wednesday’s data from the US Census Bureau and the US Bureau of Economic Analysis showed a trade deficit of $98.4 billion, up 17 percent over the...
Trade Deficit Remains Near Record as Americans Continue High Goods Spending

Trade Deficit Remains Near Record as Americans Continue High Goods Spending

by David Westenhaver | Apr 8, 2022 | Economy, International Trade

The US trade deficit remained at a near-record level in February, reinforcing the view that American consumers are faring better than their overseas counterparts despite continued bottlenecks at port cities throughout the country. The monthly trade deficit came in at...
U.S. Trade Deficit Narrows for the First Time in Over Half a Decade

U.S. Trade Deficit Narrows for the First Time in Over Half a Decade

by Hafsa Quraishi | Feb 14, 2020 | Economy, Featured, International Trade

The United States’ international trade deficit shrank last year for the first time since 2013, as the U.S.-China trade war reduced imports and slowed global trade — but the trend will likely reverse this year as the market returns to normal. The U.S. trade...

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Welcome to Issue Number One

Welcome to Issue Number One, a site covering the economy produced by young journalists in New York City. Email the editor Greg David at gregdavid49@gmail.com.

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