Data released Thursday by the Census Bureau showed the overall trade deficit with the world narrowed, the result of an expanding trade surplus in services. The trade deficit in goods was the highest on record.

Services imports increased $0.3 billion to $75.8 billion, lifted by other business services, telecommunications, computer and information services. Travel imports edged up, but imports of transport services fell. The goods trade deficit with China widened slightly in August.

WASHINGTON — President Donald Trump and European Union leaders announced a trade framework over the weekend, just days ahead of Trump’s self-imposed Friday deadline to increase import taxes and his emergency tariffs come under scrutiny in federal ...

The U.S. ice cream trade surplus largely diminished in 2021 under former President Joe Biden and turned to a deficit in 2022. The change was driven mostly by a jump in imports, primarily from Italy. Exports have remained largely unchanged since 2020.

If you bought a nice, imported bottle of wine recently, there’s a better than 90% chance it entered the United States only after the importer paid a tariff, probably about 15%. That six-pack of imported beer in the next aisle? Only 7.32% of beer imports ...

WASHINGTON (Reuters) -The U.S. trade deficit narrowed more than expected in August as businesses imported fewer goods against the backdrop of higher tariffs, a trend that if sustained could be a potential tailwind for economic growth in the third quarter.

Teeing up the next in a succession of geographic focal points in the 14-year US solar-industry trade battle against Chinese trade practices, an American manufacturing consortium today filed petitions against imports from India, Indonesia and Laos.

The U.S. trade deficit with the world will set a record in 2025, which will be the fourth record in Trump’s five years in office, according to my analysis of U.S. Census Bureau data. It will surpass the $1.16 trillion record set in the last year of ...

Goods imports rose due to gold and silver shipments, an official said. Economists had expected the January trade deficit ⁠to ​be $26 billion, according to a Reuters poll, compared to a deficit of $25.04 billion in the previous month.

President Donald Trump claimed on Wednesday that his administration's aggressive tariff policies have sparked a "staggering" 78% reduction in the U.S. trade deficit, vowing the nation will soon achieve its first trade surplus in decades.