U.S. trade deficit hits second highest level ever as Trump weighs more tariffs
Read more at MarketWatch
Topics
-
U.S. Trade Deficit Hit Record in 2024 as Imports Surged
A strong dollar helped drive an uptick in U.S. imports last year, while export growth remained modest.The New York Times - 1h -
One Response to Trump’s Tariffs: Trade That Excludes the U.S.
A growing number of countries, including American allies, are striking trade deals as the Trump administration erects a higher fence around its global commerce.The New York Times - 19h -
Dow futures drop more than 650 points after Trump hits U.S. trading partners with tariffs
Stock futures tumbled early Monday as investors weighed new U.S. tariffs on goods from key trade partners and their potential impact on the economy and profits.NBC News - 2d -
U.S. stock futures plummet after Trump hits U.S. trading partners with tariffs
Stock futures tumbled Sunday night to kick off a new trading month, as investors weighed new U.S. tariffs on goods from key trade partners and their potential impact on the economy and corporate ...NBC News - 2d -
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.MarketWatch - Jan. 29 -
UK 10-year borrowing costs hit highest level since 2008
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rulesFinancial Times - Jan. 8 -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - Jan. 8 -
UK long-term borrowing costs hit highest level since 1998
Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rulesFinancial Times - Jan. 7 -
Trump confronts high trade deficits again as he weighs tariffs. But there’s no quick fix.
The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that’s almost twice as high as when he first took office as president eight years ago.MarketWatch - Jan. 7
More from MarketWatch
-
My friend, 62, was given 6 months to live, but he may only have weeks. How does he prevent his second wife from inheriting everything?
“Without his disability checks, his second wife might end up having to sell the house.”MarketWatch - 46m -
New York Times’ stock falls as analysts question its promotional spending
Media company’s fourth-quarter subscribers reach 11.43 million, while it hikes its dividend by 38% and sets stock buyback.MarketWatch - 47m -
‘Our tech stocks have done well’: We’re in our mid-50s and 85% invested in stocks. Is this too aggressive for the next 10 years?
“Between our rentals, our stock portfolio, and our 401(k)s and IRAs we’ll have about $3 million with a paid-off home.”MarketWatch - 51m -
This is how much Mattel’s $600 million buyback could boost earnings
Mattel is ramping up its share repurchase efforts. Analyst firm UBS expects an earnings boost from the toy maker.MarketWatch - 53m -
Oil prices drop on rising U.S. inventories and fears tariffs will dent Chinese demand
Oil futures fell Wednesday, poised to mark their lowest settlement of the year so far, after official U.S. data showed a weekly climb of nearly 9 million barrels in U.S. crude inventories and as ...MarketWatch - 54m
More in Business
-
Could Trump's tariffs replace the income tax? Here's what policy experts say
During the campaign, President Donald Trump floated an "all tariff policy" to replace the federal income tax. Here's what experts say about the idea.CNBC - 10m -
What the 'mother of all trade wars' can teach us about U.S. tariffs, according to economists
Here's how current events are mirroring a key point in U.S. history that led to a trade war and exacerbated the Great Depression, according to economists.CNBC - 18m -
National Women's Soccer League agrees to $5 million settlement over past mistreatment of players
The NWSL and three attorneys general have agreed to a settlement over the league's past mistreatment of players.CNBC - 20m -
Novo Nordisk Annual Sales Jump on Demand for Ozempic and Wegovy
The Danish maker of Ozempic and Wegovy reported a 25 percent increase in sales to $40.6 billion, but said it expected slower growth this year.The New York Times - 27m -
Wall Street quizzes US companies over tariff risks
Analysts bombard executives of listed companies with questions on coping with trade warsFinancial Times - 28m