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. economy was already revved up before Trump took office. Could it get a lot better?

  Donald Trump has vowed to turbo-charge the U.S. economy, but it’s been expanding well above its typical speed for more than two years and it probably finished 2024 with another burst of strong ...
  
  MarketWatch - 5d
• 

  Trump Just Won’t Stop Moving Markets

  Stocks hit a record high as the president called for lower interest rates, signed a crypto order, and addressed Davos’ global elites.
  
  Inc. - 5d
• 

  U.S. Firms in China Fearing Trade Turmoil Hit a 5-Year High

  An American Chamber of Commerce in China Survey shows growing worries about Sino-American relations and how their businesses could be affected.
  
  Inc. - 6d
• 

  Share of U.S. companies in China looking to relocate hits a record high, survey finds

  A record share of U.S. companies in China are accelerating their plans to relocate manufacturing or sourcing, according to a business survey released Thursday.
  
  NBC News - Jan. 23

• Share of U.S. companies in China looking to relocate hits a record high, survey finds

  A record share of U.S. companies in China are accelerating plans to relocate manufacturing or sourcing, according to the American Chamber of Commerce in China.
  
  CNBC - Jan. 23

• Why Biden pardoned Milley, Fauci and family members before Trump took office

  Former President Joe Biden issued a series of preemptive pardons to shield members of his family as well as Dr. Anthony Fauci, General Mark A. Milley and members of the House Jan. 6 committee and ...
  
  CBS News - Jan. 20
• 

  Why Trump Wanted a Gaza Cease-Fire Deal Before He Took Office

  The agreement removed one of the most vexing international conflicts that hovered over the start of his second term.
  
  The New York Times - Jan. 16

• 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

• China hits dozens of U.S. companies before expected Trump tariffs

  China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."
  
  CBS News - Jan. 2

More from MarketWatch

• UPS to cut Amazon business by more than 50%. Its stock is tumbling.

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  MarketWatch - 32m

• Apple is the stock everyone loves to hate. Don’t sell even if earnings are dismal, analyst says.

  A disappointing quarter or even three of sales or earnings is no reason to sell Apple stock, says the CIO from Birinyi Associates.
  
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• ‘My mother-in-law has done some shady stuff’: She wants to sell air rights to her home and cheated her grandchildren out of their inheritance

  “She also was supposed to give each grandchild $5,000 when her father died and another $5,000 when her mom passed. That didn’t happen.”
  
  MarketWatch - 41m

• Southwest Airlines swings to a profit as fuel costs drop

  Carrier’s overall expenses dropped nearly 8%.
  
  MarketWatch - 44m

• Oil edges lower as focus turns to OPEC response to Trump’s call for more output

  Oil futures steadied Thursday, a day after the U.S. benchmark saw its lowest settlement of the new year.
  
  MarketWatch - 49m

More in Business

• Dozens feared dead after American Airlines regional jet carrying 64 collides midair with military helicopter near D.C. airport

  An American Airlines regional jet collided with a helicopter near Ronald Reagan Washington National Airport.
  
  CNBC - 9m

• Oil giant Shell raises dividend despite full-year profit miss

  British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.
  
  CNBC - 11m

• Comcast beats earnings estimates as broadband revenue rises despite customer losses

  Comcast topped Wall Street's fourth-quarter estimates on Thursday as revenue from the company's broadband business gave it a boost despite losing customers.
  
  CNBC - 19m

• Euro zone economy flatlines in fourth quarter, missing expectations for slight expansion

  Economists polled by Reuters had expected growth of 0.1% over the period, following a larger-than-expected 0.4% expansion in the third quarter.
  
  CNBC - 26m

• UPS to cut Amazon business by more than 50%. Its stock is tumbling.

  UPS’s stock falls after a deal to cut volume with largest customer by more than half, a revenue miss and a downbeat full-year outlook.
  
  MarketWatch - 32m