trade deficit

November 2, 2024

Taste for imports drives 2021 trade gap to record $859B

February 11, 2022 Paul Wiseman, Associated Press

WASHINGTON, D.C. — The U.S. trade deficit soared to a record $859.1 billion last year as Americans splurged on foreign-made electronics, toys and clothing during the economy’s unexpectedly robust recovery from a short but nasty […]

US trade deficit hits record $73.3 billion in August

October 5, 2021 Martin Crutsinger, Associated Press

WASHINGTON, D.C. — The U.S. trade deficit increased to a record $73.3 billion in August as a small gain in exports was swamped by a much larger increase in imports. The Commerce Department reported Tuesday […]