Trade deficit balloons to record high in January as companies scramble to import goods to avoid tariffs

Mar 6, 2025 - 06:45
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Trade deficit balloons to record high in January as companies scramble to import goods to avoid tariffs
The U.S. international trade deficit widened 34% in January to $131.4 billion, the Commerce Department said Thursday. It’s the widest deficit going back to the start of the series in 1992.

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