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U.S. trade deficit, Trump
Record US goods trade deficit seen cutting into fourth-quarter GDP growth
The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial supplies and consumer goods in anticipation of broad tariffs from President Donald Trump's new administration.
U.S. trade deficit in goods hits record high just before Trump took office. It won’t be easy to reduce them.
The U.S. posted a record trade deficit in goods in 2024, spotlighting what is likely to be a constant eyesore under the second administration of President Trump, which is encouraging more domestic production.
U.S. Trade Deficit Soars As Buyers Race To Beat Trump's Tariffs
Trump has promised to enact strict tariffs on major trading partners, and economists said businesses are likely trying to get ahead of any potential effects.
US Merchandise-Trade Deficit Widened to Record Ahead of Trump
The US merchandise-trade deficit widened in December to a record as the value of imports increased, highlighting a key issue that President Donald Trump aims to rectify in his second term.
Imports boost US goods trade deficit to record high as tariffs loom
The deterioration in the goods trade deficit reported by the Commerce Department on Wednesday raises the risk of a sharper slowdown in gross domestic product growth in the fourth quarter than economists had anticipated.
5h
Fiscal Deficit: How it hits YOUR budget
By understanding how fiscal deficit impacts your wallet — from higher EMIs to rising grocery bills — you can better ...
10h
on MSN
India's finance minister faces a tough choice crafting the annual budget — boost growth or cut deficit?
Indian Finance Minister Nirmala Sitharaman will present the national budget on Feb. 1, in what would be the coalition ...
2d
Ohio State athletics reports 2024 operating expenses of $292.3 million and deficit of $37.7 million
Ohio State reported an operating deficit of $37.7 million with expenses totaling $292.3 million during the 2024 fiscal year.
1d
Colombia Missed 2024 Fiscal Deficit Limit by $5 Billion
Colombia breached its fiscal deficit limit last year while spending cuts planned for 2025 are inadequate, according to the ...
18h
U.S. Trade Deficit Jumps in December As Businesses Stockpile Goods
The U.S. trade deficit in goods grew 18% to $122.1 billion in December, according to advance data from the Census Bureau, up $18.6 billion from November. The increase was driven by a surge in ...
2d
Ohio State reports athletics budget deficit of nearly $38 million from 2024 fiscal year
The Ohio State athletic department's budget deficit from the 2024 fiscal year was $37.7 million, according to figures it ...
13h
San Francisco mayor grapples with city’s historic budget deficit
We have to get people off the street and into mental health and drug treatment," San Francisco Mayor Daniel Lurie told more ...
Crain's Chicago Business
6d
UChicago's deficit climbed to $288 million in 2024
It's been more than a decade since the school was in the black, but leaders say reduction deficit efforts will begin to show ...
1d
Turkey Plans to Raise Tax on Lira Deposits to Cut Budget Deficit
Turkey is planning to increase the tax on lira deposits and money market funds in coming days, as it seeks to narrow a budget ...
1d
Exclusive: Peru plans bond sales to finance ballooning fiscal deficit, minister says
Peru, the world's no. 2 copper exporter, plans to issue up to three sovereign bonds this year to finance its ballooning ...
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