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U.S. Trade Deficit Jumps to 70.3 Billion Dollars in December as Imports Climb

The U.S. trade deficit widened sharply in December as imports surged, highlighting persistent imbalances despite ongoing tariff policies. Data released by the Commerce Department showed the trade gap expanding 32.6 percent to 70.3 billion dollars, a five month high and well above market expectations. Economists had forecast the deficit would narrow to around 55.5 billion […]

Business & Markets

U.S. Trade Deficit Posts Sharpest Monthly Widening in Over Three Decades

The U.S. trade deficit widened dramatically in November, marking its largest monthly percentage increase in nearly 34 years as a surge in imports outpaced weakening exports. Government data released Thursday showed the trade gap expanded by 94.6 percent to 56.8 billion dollars, far exceeding market expectations. Economists had anticipated a more modest increase, but a […]

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