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But the U.S. last year ran a trade deficit with more than 100 countries, according to Census Bureau data. Gaps with some of those nations, including Vietnam and India, have grown as businesses ...
The trade deficit in goods was indeed higher under Trump in 2018 and 2019 than in any previous year, though that was not the case in 2017. However, this ignores a substantial surplus in services.
For example, in 2024 the United States total goods trade with China were an estimated $582.4 billion, broken down, the exports from the U.S. to China were $143.5 billion compared to $438.9 billion ...
Through the first eight months of 2020, the US has recorded a trade gap of $421.8 billion, up 5.7% from the same period in 2019. The total U.S. trade deficit for 2019 was $576.9 billion, down 0.5% ...
The deficit continued to widen ahead of Trump's "Liberation Day" slate of tariffs, which introduced reciprocal tariffs against dozens of U.S. trading partners. Those tariffs ranged from 10 percent to ...
If you add it all up, the accumulated U.S. trade deficit with both countries in goods between 1994 and 2017 was $1.97 trillion. Rounded up, that’s $2 trillion.
Even if you only count trade in goods and ignore the services trade at which the US excels, the 2024 deficit with Canada was $70.6 billion. It was $72.3 billion in 2023. Mexico ...
WASHINGTON — The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount. The Commerce Department reported that the July deficit ...
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