US EditionUS Trade Deficit Hit Record High in March on Pre-Tariff Import Surge
- In March 2025, the U.S. Trade deficit surged to an unprecedented $140.5 billion as imports increased sharply ahead of the implementation of widespread tariffs.
- The surge resulted from companies rushing to import goods ahead of new tariffs announced by President Trump on April 2, reflecting tariff uncertainty.
- Imports climbed nearly 4.4% to $419 billion led by consumer goods and pharmaceutical products, which rose $20.9 billion mostly from Ireland.
- Analysts noted that pharmaceutical imports increased $20 billion almost entirely from Ireland, while new durable goods orders rose 9.2% in March.
- The deficit's record widening subtracted nearly 5 percentage points from GDP, causing a 0.3% contraction in the first quarter, with a likely reversal supporting growth later.
196 Articles
196 Articles
The US recorded its largest trade deficit in March since 1992.
Shafaq News/ The United States experienced its largest trade deficit since 1992 in March, according to newly released government data, as imports surged ahead of US President Donald Trump's tariffs taking effect. The trade deficit in the world's largest economy rose 14 percent to $140.5 billion in March, the Commerce Department announced in a statement. This is the largest single-month trade deficit since 1992 and represents an increase of $17.3…
US trade deficit hits record high
NEW YORK — The U.S. trade deficit soared to a record $140.5 billion in March as consumers and businesses alike tried to get ahead of President Donald Trump’s latest and most sweeping tariffs — with federal data showing an enormous stockpiling of pharmaceutical products. The deficit — which measures the gap between the value of goods and services the U.S. sells abroad against what it buys — has roughly doubled over the last year. In March 2024, C…
US Trade Deficit Has Doubled in a Year
The US trade deficit soared to a record $140.5 billion in March as consumers and businesses alike tried to get ahead of President Trump's latest and most sweeping tariffs—with federal data showing an enormous stockpiling of pharmaceutical products. The deficit—which measures the gap between the value of...
The Billings Gazette
Columbus TelegramNEW YORK — The U.S. trade deficit soared to a record $140.5 billion in March
NEW YORK — The U.S. trade deficit soared to a record $140.5 billion in March as consumers and businesses tried to get ahead of President Donald Trump’s latest and most sweeping tariffs — with federal data showing an enormous stockpiling…
Wisconsin State Journal
Trade deficit hits record high before tariffs start
NEW YORK — The U.S. trade deficit soared to a record $140.5 billion in March as consumers and businesses tried to get ahead of President Donald Trump’s latest and most sweeping tariffs — with federal data showing an enormous stockpiling…
US trade deficit hits record high amid Trump tariff surge
The U.S. trade deficit soared to a monthly record of $140.5 billion in March, signaling a rush for imports from businesses and consumers alike ahead of President Donald Trump's latest — and most sweeping — tariffs taking effect.
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