US Trade Deficit Hits Record $131.4 Billion in January

Trade Tug of War: America's Largest Trade Deficits

Published 15 hours ago on March 7, 2025 --> By Jenna Ross Graphics & Design Jennifer West Zack Aboulazm Twitter Facebook LinkedIn Reddit Pinterest Email The following content is sponsored by Terzo Trade Tug of War: America’s Largest Trade Deficits Trump put tariffs on Canadian and Mexican imports on March 4, with some temporary exemptions announced March 6. The president has also announced an additional tariff on Chinese imports. Alongside …

Trump Makes Imports Great Again With Two New Record Trade Deficits

The Census Department reports two new records trade deficits in January. For those who appreciate record-breaking efforts, I am pleased to report the International Trade in Goods and Services report for January has many new records to consider. Trade Details January exports were $269.8 billion, $3.3 billion more than December exports. January imports were $401.2 billion, $36.6 billion more than December imports. The January increase in the good…

In January 2024, Switzerland apparently made such extensive gold shipments to the US that it catapulted the US trade deficit to a record level. The figures reveal a remarkable shift in international trade, which has far-reaching consequences for the US economic balance. Does Fort Knox have to be filled up? According to the Department of Commerce's data, the US trade deficit expanded by a dramatic 34 percent to $131,4 billion – a value that excee…

US Trade Deficit Hit Record High In Biden’s Last Month – Trump Blasts Him

The US trade deficit hit a record high in January. The deficit surged 34% hitting an all-time high of $131.4 billion. Reuters reported: The U.S. trade deficit widened to a record high in January amid front-loading of imports ahead of tariffs, suggesting that trade could be a drag on economic growth in the first quarter. The trade gap surged 34.0% to an all-time high of $131.4 billion from a revised $98.1 billion in December, the Commerce Departm…

Import Surge Drives US Trade Deficit to Record High in January

The U.S. trade deficit reached a record high in January on a surge of imports, with President Donald Trump vowing to reverse the trend by curbing foreign goods and boosting domestic production. The Commerce Department’s Bureau of Economic Analysis (BEA) announced on March 6 that America’s trade gap with the world surged 34 percent in January to an all-time high of $131.4 billion, up from $98.1 billion in December. Imports surged 10.0 percent—the…

U.S. Trade Deficit Hits Record $131 Billion in January as Businesses Rush Imports Ahead of Tariffs

The U.S. trade deficit reached a record $131.4 billion in January, driven by a sharp rise in imports as businesses moved to secure goods before new tariffs took effect in March. Data from the Commerce Department shows a 34% increase from December’s revised $98.1 billion deficit, marking the largest monthly jump since 2015. Imports surged […]