WASHINGTON — The U.S. trade deficit widened sharply in December amid a surge in imports, and the goods shortfall in 2025 was the highest on record despite President Donald Trump’s tariffs on foreign ...

Services imports increased $0.3 billion to $75.8 billion, lifted by other business services, telecommunications, computer and information services. Travel imports edged up, but imports of transport ...

The U.S. ice cream trade surplus largely diminished in 2021 under former President Joe Biden and turned to a deficit in 2022. The change was driven mostly by a jump in imports, primarily from Italy.

U.S. trade deficit narrowed 39% to $29.4 billion in October Imports fell sharply, led by declines in consumer and industrial goods Exports rose to a record high, boosted by precious metals Trade could ...

[Stay on top of transportation news: Get TTNews in your inbox.] The U.S. trade deficit shrank in August as imports declined by the most in four months, official data showed Nov. 19 after a lengthy ...

This paper develops a methodology to assess the impact of a trade diversification strategy on aggregate import costs. Using granular bilateral import data for The Bahamas, we estimate that ...

WASHINGTON — President Donald Trump and European Union leaders announced a trade framework over the weekend, just days ahead of Trump’s self-imposed Friday deadline to increase import taxes and his ...

Mario Cordero, CEO of the Port of Long Beach, the nation's second-busiest port after Los Angeles, says the record year in freight container volume triggered by President Trump's tariffs has given way ...

WASHINGTON ‒ President Donald Trump said the United States will add an additional 100% tariff on all Chinese imports in retaliation to new export controls Beijing is planning for valuable rare earth ...

Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal finance, telecommunications, Congress, government regulations, and criminal justice ...