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WASHINGTON (Reuters) -The U.S. trade deficit in goods narrowed to the lowest level in nearly two years in June as imports fell sharply, cementing economists' expectations that trade likely accounted ...
The US trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest in more than 21 years, the latest evidence of the imprint on global ...
The US trade gap narrowed in June, government data showed Tuesday, as imports pulled back more than exports while businesses grappled with President Donald Trump's tariffs on allies and competitors ...
The U.S. trade deficit narrowed sharply in June as businesses cut back on purchases of foreign-made capital goods, resulting in imports falling to the lowest level in more than 1-1/2 years.
The US trade deficit narrowed in June to the tightest since September 2023 as companies scaled back on imports after a ...
Rising imports and stagnating exports pushed the EU’s June trade surplus to its lowest in over a year, as tariffs and global ...
GOODS TRADE GAP SHRINKS The goods trade deficit narrowed 0.6% to $89.4 billion in November. When adjusted for inflation, the goods trade deficit contracted $2.3 billion, or 2.7%, to $84.8 billion.
The US trade deficit narrowed 55.5% in April to $61.6 billion, the smallest since 2023, due to a record 16.3% decline in imports and a 3% increase in exports.
Economists polled by Reuters had forecast the goods trade deficit would rise to $98.20 billion. Imports of goods decreased $11.5 billion, or 4.2%, to $264.2 billion, the lowest level since March 2024.
The retreat in exports, meanwhile, came as goods exports declined by $1.3 billion, with decreases seen in industrial supplies as well. The goods deficit with China dropped by $4.6 billion, to $9.4 ...