International Economic

US foreign trade balloons, set to drag Q1 GDP into the red

By Alexander Bueso

Date: Thursday 06 Mar 2025

(Sharecast News) - America's shortfall on trade with the rest of the world ballooned at the start of 2025, as companies and individuals tried to front run the imposition of new trade tariffs.
According to the Department of Commerce, the total trade deficit in goods and services widened by 34.0% to...

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