Search For "us trade deficit"
Trump claims 78 per cent drop in US trade deficit; credits tariffs for eco
Updated : 3 weeks, 2 days ago IST
President Donald Trump claimed the US trade deficit shrank by 78 per cent due to tariffs. However, official data showed the deficit rebounded sharply in November last year. Reports highlighted trade volatility, falling exports, rising imports, and economists' warnings about temporary fluctua
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Post tariffs, US trade deficit declined, but grows with top 5 trade partne
Updated : 4 months, 2 weeks ago IST
Post tariffs, trade deficit of United States declined by USD 42 billion but during the same period it has gone up by USD 9 billion with top five trading partners including India, noted a research report by the State Bank of India (SBI).
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Trump announces US will develop "massive" oil reserves in Pakistan, says t
Updated : 7 months, 1 week ago IST
In a post on Truth Social, Trump stated that the United States and Pakistan are currently in the process of selecting the oil company for the partnership.
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India, US to sign new defence framework, says Trump admin official
Updated : 1 year ago IST
The two sides are also having conversations about new procurements which will help in reducing US' trade deficit with India, the White House official said.
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US trade deficit continues to narrow in May amid cooling demand
Updated : 3 years, 8 months ago IST
Washington [US], July 7 (ANI/Xinhua): The US trade deficit shrank by 1.3 per cent in May after a significant drop in the previous month, hitting the lowest level of the year, the Commerce Department reported on Thursday.
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US trade deficit jumps to record high amid Russia-Ukraine war
Updated : 3 years, 10 months ago IST
Washington [US], April 28 (ANI): US Gross Domestic Product contracted by 1.4% in the first quarter of this year, the Commerce Department said Thursday in a preliminary estimate for the period which compared with a growth of 6.9% in the fourth quarter of 2021.
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US trade deficit reaches record USD 80.9 Bln in September
Updated : 4 years, 4 months ago IST
Washington [US], November 4 (ANI/Sputnik): The deficit in US advance international trade, which accounts for payments done ahead of shipment, rose by 11 per cent to reach a record USD 80.9 billion in September, the Commerce Department announced on Thursday.
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US to impose 'reciprocal taxes' on trading partners
Updated : 8 years ago IST
Washington DC, [United States of America] Mar 2 (ANI): A day after announcing stiff tariffs on steel and aluminum, United States President Donald Trump said that he plans to impose "reciprocal taxes" on imports from all trading partners to reduce the US trade deficit.
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US trade deficit with China 'not sustainable', Trump tells Xi
Updated : 8 years, 1 month ago IST
Washington DC [United States], Jan 17 (ANI): United States President Donald Trump has told the Chinese President Xi Jinping that the growing U.S. trade deficit with Beijing "is not sustainable."
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