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US Trade Deficit Hits Record High

Rush to beat tariffs boosts US trade deficit to record high in March

The U.S. trade deficit widened to a record high in March as businesses boosted imports of goods ahead of President Donald Trump's sweeping tariffs, which dragged gross domestic product into negative territory in the first quarter for the first time in three years.

The Spokesman-Review · 1d

U.S. trade deficit widens to a record on pre-tariff drug imports

The U.S. trade deficit widened to a record in March as companies rushed to import products including pharmaceuticals as the Trump administration readied sweeping tariffs.

Bloomberg · 9d

Record US Goods-Trade Deficit Implies Weaker First-Quarter GDP

The US merchandise-trade deficit unexpectedly widened in March to a record as companies continued importing goods to get ahead of tariffs, indicating a large hit to the economy in the first quarter.

Trump officials holding trade talks with China

ING Think · 58m

China’s tariff pain is likely to permeate April data ahead of trade talks

The People’s Bank of China (PBoC) announced another monetary policy easing on 7 May, featuring a 10bp rate cut and 50bp reserve-requirement-ratio (RRR) cut. A host of supplementary measures were also announced, including steps to increase lending to boost consumption and the tech sector. These measures will help support the domestic economy.

MSNBC · 1d

'Step in the right direction': Trump officials holding trade talks with China

Treasury Secretary Scott Bessent and U.S. trade representative Jamieson Greer will meet with their Chinese counterparts in Switzerland this week to discuss economic and trade matters. Yet Bessent on Tuesday night also downplayed the possibility of reaching a deal.

Time · 1d

China and U.S. to Hold First Major Trade Talks During Ongoing Trump Tariff War

Delegations will meet this weekend in Switzerland for the first major talks between the world’s two biggest economies since Trump sparked a tariff war in his second term.

3don MSN

Trump's trade demands go beyond tariffs to target perceived unfair practices

FRANKFURT, Germany — The Trump administration says the sweeping tariffs it unveiled April 2, then postponed for 90 days , ...

13d

Walmart to Help China Firms Expand Domestic Sales Amid Trade War

Walmart Inc. unveiled a program to help Chinese exporters sell their goods at home, after Beijing sought solutions to help ...

U.S. Economy Shrank in First Quarter, in Reading Clouded by Messy Trade Data

Underlying economic growth remained solid in early 2025, but tariffs and uncertainty are expected to cause a further slowdown ...

12d

China puts onus on stability as Beijing vows domestic support amid US trade war

China’s Politburo says authorities will roll out specific plans to companies and individuals affected by the trade war.

7don MSN

White House trade adviser downplays Wednesday's news of GDP being down 0.3%

U.S. economic gross domestic product declined for the first three months of 2025 as imports surged amid Trump administration ...

Yahoo Finance3d

Trump tariffs live updates: Trump says trade deals are coming, but he's not planning to speak with Xi

While the less-than-truckload segment focuses on domestic trade versus international trade, its quarterly results provide some early color on demand as investors search for signs of an economic ...

7don MSN

Ford CEO welcomes relief on tariffs but says more work is needed on trade policies to spur growth

Ford's top executive is welcoming revisions to auto import rules but says more work is needed to craft trade policies that ...

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