U.S. Had Biggest Trade Deficits With These 10 Nations In 2024
The 2024 deficit was a record $1.2 trillion, marking the fourth consecutive trade deficit above $1 trillion and the sixth ...
Committee for a Responsible Federal Budget1d
12-Month Rolling Deficit is $2.1 Trillion in January 2025
The 12-month rolling deficit – or the amount the federal government has borrowed over the past year – totaled $2.1 trillion, based on estimates from ...
U.S. Trade Deficit Hit Record in 2024 as Imports Surged
Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to ...
Committee for a Responsible Federal Budget2d
CBO Estimates $838 Billion Deficit for First Four Months of FY 2025
The United States borrowed $838 billion in the first four months of Fiscal Year (FY) 2025, including $127 billion in the month of January, according to the latest ...
Trump wants to reduce the trade deficit. Here's why that matters.
President Donald Trump has made reducing the trade deficit a central part of his "American First Trade Policy." Here's what ...
US Trade Deficit Widens Significantly Ahead of Trump Tariffs
The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.