Imports boost US goods trade deficit to record high

Imports boost US goods trade deficit to record high as tariffs loom
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.
US Merchandise-Trade Deficit Widened to Record Ahead of Trump
The US merchandise-trade deficit widened in December to a record as the value of imports increased, highlighting a key issue that President Donald Trump aims to rectify in his second term.
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.
US goods trade deficit widens sharply in December on imports
The U.S. trade deficit in goods widened sharply in December, likely as businesses front-loaded imports in anticipation of broad tariffs from President Donald Trump's new administration. The goods trade gap increased 18.
U.S. Trade Deficit Jumps in December As Businesses Stockpile Goods
The U.S. trade deficit in goods grew 18% to $122.1 billion in December, according to advance data from the Census Bureau, up $18.6 billion from November. The increase was driven by a surge in imports—$10.
U.S. Trade Deficit Soars As Buyers Race To Beat 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.
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