The U.S. trade deficit soared to a monthly record of $140.5 billion in March, signaling a rush for imports from businesses and consumers alike ahead of President Donald Trump’s latest...
The U.S. trade deficit grew to the highest level in March amid a record-setting surge of imports as businesses looked to build inventories before tariffs took effect.
WASHINGTON >> The U.S. trade deficit widened to a record high in March as businesses boosted imports of goods ahead of President Donald Trump’s sweeping tariffs, which dragged gross domestic product into negative territory in the first quarter for the first time in three years.
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US trade deficit hits record as businesses, consumers try to beat Trump tariffs | Since Then