News | Latest Breaking News Stories & Headlines

The overall US trade deficit jumped 32.5% to $78.3 billion in July, on the back of a 5.9% rise in imports to $358.8 billion

US trade gap widens more than expected as imports surge

The US trade deficit expanded more than expected in July, government data showed today, on a surge in imports analysts expect was driven by a rush to beat another wave of President Donald Trump's tariffs.

Business • 04 Sep

The overall trade gap of the US - the world's largest economy - jumped 14% to $140.5 billion in March

US trade deficit hit fresh record before Trump tariffs

The US trade deficit reached a new record in March, according to fresh government data published today, as imports surged ahead of President Donald Trump's "liberation day" tariff rollout.

Business • 06 May

The US trade gap increased 19.2% to $84.4 billion from a revised $70.8 billion in August, new figures show today

US trade deficit widens sharply in September

The US trade deficit widened sharply in September as businesses boosted imports to meet robust domestic demand and in anticipation of higher tariffs on goods.

Business • 05 Nov 24

The US trade gap increased 7.9% to $78.8 billion in July, new figures from the Commerce Department's Bureau of Economic Analysis show today

US trade deficit widens in July on imports

The US trade deficit widened sharply in July as businesses front-loaded imports in anticipation of higher tariffs on goods, suggesting that trade could remain a drag on economic growth in the third quarter.

Business • 04 Sep 24

The overall US trade gap grew $1.1 billion from December to $68.3 billion in January

US trade deficit widens slightly in January

The US trade deficit widened in January on a pickup in imports, to mark the biggest gap in three months, according to government data released today.

Business • 08 Mar 23

The overall US trade gap grew $103.0 billion from 2021 to $948.1 billion last year, new figures show today

US trade deficit widens to record on strong imports

The US trade gap widened to a record in 2022, though expanding less than expected in December, government data said, capping off the year on robust imports and strong spending.

Business • 07 Feb 23

The overall US trade deficit dropped $16.3 billion to $61.5 billion in November, new figures show

US trade deficit narrows to smallest since late 2020

The US trade deficit narrowed more than anticipated in November on a fall in imports, government figures showed today, with drops seen in pharmaceuticals and household goods.

Business • 05 Jan 23

The US trade deficit increased 27% last year to an all-time high of $859.1 billion

US posts record trade deficit for 2021

The US trade deficit surged to a record high in 2021 as imports increased sharply amid the restocking of shelves by businesses to meet robust domestic demand.

Business • 08 Feb 22

The US Commerce Department said today the trade deficit jumped 5.9% to $67.1 billion, the widest since August 2006

US trade deficit jumps to largest in 14 years in August

The US trade deficit surged in August to the largest in 14 years with imports climbing again, suggesting that trade could be a drag on economic growth in the third quarter.

Business • 06 Oct 20

The US trade gap shrunk by nearly $10 billion as exports fell by 0.1% and imports dropped 0.4%

US trade deficit falls in 2019, first time in 6 years

The US trade deficit fell last year to $616.8 billion, the first time the gap has narrowed since 2013 as imports, particularly from China, declined more than exports, according to government data released today.

Business • 05 Feb 20

The US trade gap, the shortfall between what Americans buy from abroad and what they sell in foreign markets, fell 4.7% to $52.5 billion in September

US trade deficit takes biggest tumble in eight months

The US trade deficit saw its biggest fall in eight months in September as imports of cars, mobile phones and other electronics retreated after the pre-tariff surge in August.

Business • 05 Nov 19

The US trade deficit with Mexico rose to its highest in a decade in May, new figures show

US trade deficit hits 5-month high on Mexican imports

The politically-sensitive US trade deficit jumped to a five-month high in May as imports of cars hit the highest on record, according to government data released today.

Business • 03 Jul 19

The US has reported a trade deficit of €51.1 billion for January

US trade deficit drops as imports from China fall

The US trade deficit dropped nearly 15% in January compared to December, largely due to declining imports from China, the Commerce Department reported today.

Business • 27 Mar 19

The US trade deficit with the world jumped 12.5% to $621 billion last year

US trade deficit surges to 10-year high in 2018

The skyrocketing US trade deficit last year hit the highest level in a decade, despite President Donald Trump's global trade offensive, according to a government report today.

Business • 06 Mar 19

US exports of goods and services hit $208.5 billion, a new record, driven upwards by mounting exports of crude oil and other fuels as well as civilian aircraft and crops like soybeans

US trade deficit narrows in March on record exports

The US trade deficit narrowed in March for the first time in seven months as exports reached the highest level on record, the Commerce Department reported today.

Business • 03 May 18

US President Donald Trump is pursuing a fraught two-front trade confrontation with the European Union and China

US trade deficit narrows in March on record exports

The US trade deficit narrowed in March for the first time in seven months as exports reached the highest level on record, the Commerce Department said today.

Business • 03 May 18

The US trade deficit has become a central focus of the Trump administration's nationalist economic agenda

US trade deficit edges lower in March

The US trade deficit drifted lower in March despite record imports from Mexico and a drop in total exports, the Commerce Department said today.

Business • 04 May 17

The Trump administration is eyeing trade as a vehicle to lift annual economic growth to 4% and boost US manufacturing

US trade deficit falls as exports hit two-year high

The US trade deficit fell more than expected in February as exports increased to a two-year high and slowing domestic demand weighed on imports.

Business • 04 Apr 17

US trade deficit up 8% to $41.8 billion in September

US trade gap widens as imports approach year high

The US trade deficit widened more than expected in September as imports rose to their highest level in almost a year.

Business • 14 Nov 13

Commerce Department says June deficit fell 22.4% to $34.2 billion

US trade deficit narrows in June

The US trade deficit narrowed sharply in June to its lowest level in more than three and a half years.

Business • 06 Aug 13

US exports up 1.2% to $187.4 billion in April

US trade deficit up 8.5% in April

The US trade deficit widened in April, as demand for cars, mobile phones and other imported goods outpaced growth in US exports.

Business • 04 Jun 13

Drop in oil imports shrinks US trade deficit

The US trade deficit narrowed sharply in December because oil imports plummeted and total exports rose.

Business • 08 Feb 13

US trade deficit narrows in September

The US trade deficit narrowed in September as exports increased, suggesting global demand for US goods was holding up despite the debt crisis in Europe.

Business • 08 Nov 12

US trade deficit rose to $44.2 billion in August

The US trade deficit widened in August as exports fell to the lowest level in six months, a worrisome sign that a slowing global economy is cutting into demand for US goods.

Business • 11 Oct 12

Us Trade Deficit

US trade gap widens more than expected as imports surge

US trade deficit hit fresh record before Trump tariffs

US trade deficit widens sharply in September

US trade deficit widens in July on imports

US trade deficit widens slightly in January

US trade deficit widens to record on strong imports

US trade deficit narrows to smallest since late 2020

US posts record trade deficit for 2021

US trade deficit jumps to largest in 14 years in August

US trade deficit falls in 2019, first time in 6 years

US trade deficit takes biggest tumble in eight months

US trade deficit hits 5-month high on Mexican imports

US trade deficit drops as imports from China fall

US trade deficit surges to 10-year high in 2018

US trade deficit narrows in March on record exports

US trade deficit narrows in March on record exports

US trade deficit edges lower in March

US trade deficit falls as exports hit two-year high

US trade gap widens as imports approach year high

US trade deficit narrows in June

US trade deficit up 8.5% in April

Drop in oil imports shrinks US trade deficit

US trade deficit narrows in September

US trade deficit rose to $44.2 billion in August

Search RTÉ.ie