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 […]