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Record US goods trade deficit seen cutting into fourth-quarter GDP growth
The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial supplies and consumer goods in anticipation of broad tariffs from President Donald Trump's new administration.
U.S. trade deficit in goods hits record high just before Trump took office. It won’t be easy to reduce them.
The U.S. posted a record trade deficit in good in 2024, spotlighting what is likely to be running sore spot under the second administration of President Trump.
U.S. Trade Deficit Soars As Buyers Race To Beat Trump's Tariffs
Trump has promised to enact strict tariffs on major trading partners, and economists said businesses are likely trying to get ahead of any potential effects.
12h
on MSN
What To Expect From Thursday's Report On The GDP
Key Takeaways The U.S. economy likely grew at an annual rate of 2.5% in the fourth quarter, according to the median ...
15h
U.S. Q4 GDP Growth Nowcast Rises Ahead Of Thursday's Report
Economic output in the fourth quarter is expected to increase at a solid rate in this week’s initial GDP estimate from the ...
2d
Global GDP Faces 50% Loss Without Climate Change Action, Study Finds
Dr. Jesse Abrams from the University of Exeter said we are “grossly underestimating risk due to climate change and ...
Crain's Cleveland Business
15h
Ohio's 'legacy' cities drive GDP but face growing population losses
The study found that Ohio's GDP production growth is lagging behind the national average of 2.1% and has not increased as ...
Tempo
1h
IMF Data Shows Indonesia Among Largest Economies by GDP in 2024
IMF ranked Indonesia's GDP per capita in 2024, adjusted for purchasing power parity, in 8th place, among others, with $4.98 ...
3h
Digital economy will contribute 20% to GDP by 2030: Report
Projections indicate the digital economy’s share will grow to 20 per cent of gross value added (GVA) by 2029-30, outpacing ...
India Today
1d
GDP growth slows to 5.4%, Budget 2025 aims to reignite economic pace
India's GDP growth slowed to 5.4 per cent in the July-September quarter, a seven-quarter low. The Budget 2025 is expected to ...
China Briefing
2d
Decoding China’s Local GDP Targets in 2025
China's provinces set local 2025 GDP growth targets, mostly around 5%, with higher goals in regions like Hainan and Tibet.
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