U.S. Trade Deficit Shrinks as Imports Drop Record Amount
In April, the U.S. trade deficit narrowed sharply due to a record drop in imports, potentially boosting economic growth.
Trade Deficit
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US Trade Deficit Soars to Record Amid Tariff Worries
The US trade deficit surged to an all-time high, leading to an economic contraction for the first time in years.
Critics Question US Tariff Calculations Amid Trade Deficit Debate
Economists question the US administration’s method of calculating tariffs based on trade deficits, suggesting it oversimplifies complex economic factors and may lead to unintended consequences.